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DISTRIB. AND WAREHOUSING NETWORK LD - Trading statement

Release Date: 09/09/2013 17:10
Code(s): DAW     PDF:  
Wrap Text
Trading statement

Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW & ISIN code: ZAE000018834
(“DAWN” or “the Group”)

Trading Statement

In compliance with section 3.4(b) of the JSE Listings Requirements, companies are required
to publish a trading statement as soon as they become reasonably certain that the financial
results for the period to be reported on will be more than 20% different from that of the
previous corresponding period.

DAWN shareholders are advised that, for the year ended 30 June 2013, the Group expects:
  - Headline earnings per share (“HEPS”) to increase by 74% to 66,1 cents per share,
     compared to HEPS of 38,0 cents per share for the previous year; and
  - Earnings per share (“EPS”) to increase by 88% to 66,7 cents per share, compared to
     the EPS of 35,5 cents per share in the previous year.

The increase in EPS and HEPS is attributable to the improved results across all segments of
the Group.

The financial information on which this trading statement is based has not been reviewed or
reported on by DAWN’s auditors. The Group`s results will be released on SENS on
12 September 2013.

Johannesburg
9 September 2013
Sponsor
Deloitte & Touche Sponsor Services (Proprietary) Limited

Date: 09/09/2013 05:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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