To view the PDF file, sign up for a MySharenet subscription.

MASSMART HOLDINGS LIMITED - Trading Statement for the 52 weeks to 24 June 2012

Release Date: 07/08/2012 12:34
Code(s): MSM     PDF:  
Wrap Text
Trading Statement for the 52 weeks to 24 June 2012

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share code: MSM
ISIN: ZAE000152617
(“Massmart" or "the Company")



Trading Statement for the 52 weeks to 24 June 2012

This trading statement is required in terms of paragraph 3.4 of the JSE Limited Listings
Requirements.

Shareholders are advised that Massmart expects to release reviewed earnings, headline
earnings, earnings per share (Basic EPS) and headline earnings per share (HEPS) for the 52
weeks to 24 June 2012 within the ranges shown in the table below.

Headline earnings and HEPS excluding the direct costs incurred by Massmart as a result of
the Walmart transaction are also shown in the table.

                                            Expected Ranges       Actual       Expected
                                               June 2012        June 2011      % Change
Rm’s
Earnings                                    1 144.7 – 1 203.4      838.7       36.5 – 43.5
Headline earnings                           1 186.2 – 1 247.9      881.9       34.5 – 41.5
Headline earnings before Walmart costs      1 356.9 – 1 448.2     1 304.7      4.0 – 11.0
and foreign exchange

Cents
Basic EPS                                    530.1 – 558.9        412.1        28.6 – 35.6
HEPS                                         549.4 – 579.7        433.3        26.8 – 33.8
HEPS before Walmart costs and foreign        641.4 – 679.9        641.4         0.0 – 6.0
exchange

The Walmart costs primarily relate to transaction costs incurred in the prior year and
integration costs incurred in the current year. Greater detail will be provided with the release
of Massmart’s June 2012 reviewed preliminary financial results on 22 August 2012.

The above information has not been reviewed or reported on by the Company’s auditors.


Johannesburg
7 August 2012

Sponsor: Deutsche Securities (SA) (Proprietary) Ltd

Date: 07/08/2012 12:34:00 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.

Share This Story