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ESORFRANKI LIMITED - Trading update

Release Date: 13/11/2013 14:32
Code(s): ESR     PDF:  
Wrap Text
Trading update

ESORFRANKI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/000732/06)
JSE code: ESR
ISIN: ZAE000133369
(“Esorfranki” or “the company”)

TRADING UPDATE

Esorfranki is currently finalising its interim results for the
six months ended 31 August 2013 and shareholders are advised that
the company expects the basic earnings per share for the period
then ended to be between 94% and 96% lower than those for the
previous corresponding period and the headline earnings per share
for the period then ended to be approximately 99% lower than
those for the previous corresponding period.

Despite the above, Esorfranki’s work on hand and future pipeline
remain healthy, with a secured outstanding order book of the
continuing operations in excess of R2.2 billion as at the date of
this announcement and imminent pending awards of approximately
R1.0 billion.

The financial information on which this trading update is based
has not been reviewed or reported on by the company’s auditors.

The company’s interim results for the six months ended 31 August
2013 are expected to be released on SENS during the week ending
29 November 2013.


Germiston
13 November 2013


Sponsor
Vunani Corporate Finance

Date: 13/11/2013 02:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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