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TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2012
ITALTILE LIMITED
SHARE CODE: ITE
ISIN: ZAE000099123
REGISTRATION NUMBER: 1955/000558/06
Incorporated in the Republic of South Africa
(“Italtile” or “the Group”)
TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2012
Italtile is currently finalising its results for the year
ended 30 June 2012.
In terms of section 3.4(b) of the Listings Requirements of the
JSE Limited, companies are required to publish a trading
statement as soon as a reasonable degree of certainty exists
that the financial results for the period will differ by at
least 20% from those for the previous corresponding period.
Accordingly, shareholders are advised that the Group's basic
earnings per share and headline earnings per share are
expected to be between 17% and 19% higher than the prior
comparable period.
Despite subdued building activity in the industry and
competitive trading conditions, Italtile succeeded in
increasing turnover of Group-owned stores and entities by 21%
and gained market share across its brand portfolio comprising
Italtile Retail, CTM and TopT.
REVIEW OF RESULTS
The information on which this announcement is based has not
been reviewed or reported on by Italtile's auditors.
PUBLICATION OF RESULTS
The Group's results for the year ended 30 June 2012 are
expected to be published on SENS on 15 August 2012.
Johannesburg
06 August 2012
Sponsor
KPMG Services (Pty) Limited
Date: 06/08/2012 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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