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M & S HOLDINGS LIMITED - Trading statement

Release Date: 10/07/2013 08:35
Code(s): MSA     PDF:  
Wrap Text
Trading statement

M&S Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/011359/06)
Share code: MSA
ISIN code: ZAE000165446
("M&S" or "the Company")


TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited relating to Trading
Statements, a listed company is required to publish a trading statement as
soon as it becomes reasonably certain that the financial results for the period
to be reported on next will differ by at least 20% from those of the previous
corresponding period.

M&S shareholders are accordingly advised that:


  -  Earnings per share are expected to increase from a loss of 49,6 cents
      for the year ended 30 June 2012 to earnings of between 15,1 and 16,9
      cents per share for the year ended 30 June 2013;


  -   Earnings per share from continued operations are expected to increase
      from 9,3 cents per share for the year ended 30 June 2012 to between
      15,1 and 16,9 cents per share for the year ended 30 June 2013;


  -  Headline earnings per share are expected to increase from a loss of 1
      cent for the year ended 30 June 2012 to headline earnings of between
      15,1 and 16,9 cents per share for the year ended 30 June 2013; and


  -   Headline earnings per share from continued operations are expected to
      increase from 9,3 cents for the year ended 30 June 2012 to between
      15,1 and 16,9 cents per share for the year ended 30 June 2013.


The financial information on which this trading statement is based has not
been reviewed or reported on by M&S’s auditors and the financial results are
expected to be published on or about 20 August 2013.


Johannesburg
10 July 2013


Designated Advisor:
Sasfin Capital
(a division of Sasfin Bank Limited)

Date: 10/07/2013 08:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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