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MZR - Mazor Group Limited - Trading update

Release Date: 03/05/2012 16:15
Code(s): MZR
Wrap Text

MZR - Mazor Group Limited - Trading update Mazor Group Limited Incorporated in the Republic of South Africa) (Registration number 2007/017221/06) Share code: MZR ISIN: ZAE000109823 ("Mazor" or "the Company") TRADING UPDATE The Board of Mazor hereby announces that the Company`s results for the year ended 29 February 2012, being earnings and headline earnings per share, are expected to be between 35% and 45% lower than the earnings and headline earnings per share for the prior comparative period. Included in the prior comparative period is a non-recurring item reflected in other income, in relation to the HBS transaction. Trading conditions over the past 12 months have improved with revenue growth across all operating divisions, and an improved operating margin being experienced relative to the prior comparative period. The Company`s results for the year ended 29 February 2012 will be released on or about 15 May 2012. The financial information on which this trading update is based has not been reviewed by the Company`s auditors. Cape Town 3 May 2012 Sponsor: Bridge Capital Advisors (Pty) Limited Date: 03/05/2012 16:15:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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