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ELB GROUP LIMITED - Trading Statement

Release Date: 07/03/2013 14:50
Code(s): ELR ELRP     PDF:  
Wrap Text
Trading Statement

ELB Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1930/002553/06)
Ordinary Shares:    Share code: ELR ISIN: ZAE000035101
Preference Shares: Share code: ELRP ISIN: ZAE000035333
("ELB", “ELB Group” or “the Company”)

TRADING STATEMENT

ELB is currently finalising its results for the six months ended
31 December 2012, which should be released on SENS on or about
Wednesday, 13 March 2013. In this regard, shareholders are advised
that attributable comprehensive income for the period is expected
to be R36,4 million (December 2011: R29,1 million), an increase of
25,1%. Basic headline earnings per share and basic earnings per
share are likely to be 120 cents (December 2011: 53 cents) and 120
cents (December 2011: 57 cents) per share respectively.

The ELB Group will from time to time experience volatility in
headline earnings particularly during periods of significant
exchange rate fluctuations.     These fluctuations give rise to
unrealised profits or losses which experience has shown usually
reverse before or on the eventual sale of the relevant equipment.

Shareholders are advised that the financial information on which
this trading statement is based has not been reviewed and reported
on by the Company’s external auditors.

Boksburg
7 March 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 07/03/2013 02:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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