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ALLIED ELECTRONICS CORPORATION LTD - Trading Statement

Release Date: 25/09/2013 09:05
Code(s): ATN     PDF:  
Wrap Text
Trading Statement

Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code : ATN       ISIN: ZAE000029658
Share Code : ATNP ISIN: ZAE000029666
(“Altron” or “the company”)


Trading Statement


Shareholders are referred to the company’s outlook statement contained in its 2013 year-end
results announcement and are advised that the company’s normalised headline earnings per share
are expected to be between 10% and 15% higher as against the previous corresponding period.
Altron’s normalised headline earnings per share for the half-year ended 31 August 2012 equalled
81 cents.


Shareholders are further advised that a reasonable degree of certainty exists that the company’s
headline earnings per share for the half year ended 31 August 2013 are expected to be between
0% and 5% higher as against the previous corresponding period. Basic earnings per share for the
half year ended 31 August 2013 is expected to be between 75 cents and 85 cents, compared to the
previous corresponding period’s loss of 3 cents per share.


This trading statement has not been reviewed or reported on by Altron’s external auditor.


Altron’s interim financial results for the half year ended 31 August 2013 are expected to be
announced on or about 8 October 2013.


By order of the board


Johannesburg
25 September 2013


Sponsor
Investec Bank

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