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WILSON BAYLY HOLMES-OVCON LIMITED - Trading Statement

Release Date: 22/08/2013 11:15
Code(s): WBO     PDF:  
Wrap Text
Trading Statement

WILSON BAYLY HOLMES - OVCON LIMITED
Building and civil engineering contractors
(Registration no. 1982/011014/06)
ISIN No: ZAE 000009932
Share code: WBO
(“WBHO” or “the Company”)


TRADING STATEMENT


The directors of WBHO advise that the consolidated results for Wilson Bayly Holmes – Ovcon Limited for the
year ended 30 June 2013 will show a 5% to 10% decline in earnings per share and a 0% to 5% decline in
headline earnings per share.


The reduction in earnings is primarily due to additional provisioning for the Competition Commission penalty,
the tax treatment thereof and margin dilution in Australia as a result of three challenging projects.


This statement has not been reviewed or reported on by the company’s auditors.


The financial results for the year to 30 June 2013 are expected to be released on SENS 2 September 2013.


By order of the board


Johannesburg
22 August 2013


Sponsor: Investec Bank Limited

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