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GROUP FIVE LIMITED - Trading Statement

Release Date: 28/01/2014 15:21
Code(s): GRF     PDF:  
Wrap Text
Trading Statement

GROUP FIVE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1969/000032/06)
Share code: GRF ISIN: ZAI 000027405
(“Group Five” or “the group” or “the company”)


TRADING STATEMENT
Group Five shareholders are advised that, for the six months ended 31 December 2013, the
group expects:

   -   Fully diluted headline earnings per share (“FDHEPS”) to be between 30%- 40% higher
       (196 cents per share to 211 cents per share);
   -   Headline earnings per share (“HEPS”) to be between 30%-40% higher (198 cents per
       share to 213 cents per share);
   -   Fully diluted earnings per share (“FDEPS”) to be between 40% - 50% higher (195
       cents per share to 209 cents per share); and
   -   Earnings per share (“EPS”) to be between 40% - 50% higher (196 cents per share to
       210 cents per share)

than the FDHEPS of 151 cents per share, the HEPS of 152 cent per share, the FDEPS of 139
cents per share and the EPS of 140 cents per share published for the previous corresponding
period.


OPERATIONAL UPDATE

The group’s businesses performed in line with management expectations and largely in
accordance with the guidance provided at the group’s management day with stakeholders
(refer SENS release dated 25th November 2013).

The improved results are delivered following the corrective action taken in the prior year,
specifically with regards to Construction Materials segment and Middle East business.


REPORTING

The above information has not been reviewed or reported on by Group Five’s auditors. The
group’s results will be released on SENS on 17th February 2014 when the group will be
updating the market on its business in a presentation in Johannesburg on the same day, and
in Cape Town on 18th February 2014. The presentation will be available for all stakeholders
on the group’s website, www.groupfive.co.za.

Johannesburg
28 January 2014
Investment Bank and Sponsor
Nedbank Capital

Date: 28/01/2014 03:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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