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STEINHOFF INTERNATIONAL HOLDINGS LD - TRADING STATEMENT

Release Date: 27/08/2012 07:10
Code(s): SHF     PDF:  
Wrap Text
TRADING STATEMENT

STEINHOFF INTERNATIONAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration Number 1998/003951/06)
Share code: SHF
ISIN: ZAE000016176
("Steinhoff" or "the Company")

TRADING STATEMENT

In terms of paragraph 3.4(b) of the Listings Requirements of
the JSE Limited (“the Listings Requirements”), a listed company
is required to publish a trading statement as soon as it is
satisfied that a reasonable degree of certainty exists that the
financial results for the next financial period to be reported
on will vary by 20% or more from those of the previous
comparable period.

Accordingly, shareholders are advised that both the earnings
per share (“EPS”) from continuing operations and headline
earnings per share ("HEPS") from continuing operations of
Steinhoff, for the year ended 30 June 2012, will be between 30%
and 35% higher than the EPS and HEPS from continuing
operations, as reported for the comparable period ended 30 June
2011.

The audited results for the period ended 30 June 2012 will
include the results of Conforama Holding S.A for the full
reporting period (acquired in March 2011), as well the first
time   consolidation  of   the   JD   Group  Limited   and  KAP
International Holdings Limited, with effect from 1 April 2012.
The results are further supported by solid overall performances
from major operating divisions in their local currencies.

The financial information in this trading statement has not
been reviewed or reported on by Steinhoff’s auditors. The
audited results for the year ended 30 June 2012 are expected to
be published on or about 4 September 2012.


By order of the Board
Steinhoff Secretarial Services Proprietary Limited
Company Secretary
Wynberg, Sandton


Sponsor: PSG Capital Proprietary Limited

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