To view the PDF file, sign up for a MySharenet subscription.

EQSTRA HOLDINGS LIMITED - Trading statement and notification of interim results presentation

Release Date: 27/01/2014 14:07
Code(s): EQS     PDF:  
Wrap Text
Trading statement and notification of interim results presentation

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS, EQS01, EQS02, EQS04, EQS05, EQS06, EQS07, EQS08A
ISIN: ZAE000117123
(“Eqstra” or “the group”)

TRADING STATEMENT AND NOTIFICATION OF INTERIM RESULTS PRESENTATION

Trading statement

In terms of the Listings Requirements of the JSE Limited, companies are
required to publish a trading statement as soon as they are satisfied that
a reasonable degree of certainty exists that the financial results for the
period to be reported on will differ by 20% or more from the financial
results of the previous corresponding period.

Shareholders are advised that the group anticipates continuing operations
headline earnings per share (“HEPS”) to decrease by between 24% and 29% for
the six months ended 31 December 2013 when comparing continuing operations
HEPS as reported at 31 December 2012, whilst earnings per share is expected
to decrease by between 21% and 26% for the same period.

The negative impact of industrial action during July 2013 at Eqstra’s
Contract Mining and Plant Rental division, as disclosed in Eqstra’s Stock
Exchange News Service (“SENS”) announcement on 22 November 2013, has
contributed to these expected results.

The financial information, on which this trading statement is based, has
not been reviewed and reported on by Eqstra’s external auditors. The
statement is based on financial information available at the time of this
publication.

Results presentation

Eqstra’s interim results will be released on SENS on or about 4 March 2014.
The group will be updating the market on its business in a presentation in
Johannesburg   on  the   same   day,  which   will  also   be  webcast   on
www.eqstra.co.za, and in Cape Town on 5 March 2014. The presentation and
dial-in codes will be available on 4 March 2014 for all stakeholders on the
group’s website www.eqstra.co.za

Kempton Park
27 January 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 27/01/2014 02:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story