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HOWDEN AFRICA HOLDINGS LIMITED - Trading Statement

Release Date: 06/02/2014 15:55
Code(s): HWN     PDF:  
Wrap Text
Trading Statement

Howden Africa Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/002982/06)
Share code: HWN
ISIN: ZAE000010583
("HAHL")

Trading update

In terms of the Listings Requirements of the JSE Limited, 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.

Shareholders are advised that, we expect earnings per share and
headline earnings per share from continuing operations to be in the
range of between 453.85 cents and 502.66 cents for the year ended 31
December 2013, which compares with the earnings and headline earnings
per share of 244.05 cents and 244.15 cents respectively from
continuing operations for the year ended 31 December 2012.

The improved results reflects further efficiency gains across the
business, organic revenue growth and some large once-off short term
projects.

The financial information on which this trading statement is based
has not been reviewed or reported on by HAHL's auditors. The results
will be published after HAHL's board meeting on the 4th March 2014.


06 February 2014


Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited
Limited (Registration number 1970/003711/07)

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