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TRENCOR LIMITED - Trading statement

Release Date: 11/02/2014 16:29
Code(s): TRE     PDF:  
Wrap Text
Trading statement

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor”)

TRADING STATEMENT


Shareholders are advised that earnings per share (“EPS”) and headline earnings per share
(“HEPS”) for the year ended 31 December 2013 are expected to be within the ranges set out
below:

                                                                  Year ended        Year ended
                                                                31 December        31 December
                                                                        2013              2012
                                                                    Expected            Actual
Adjusted HEPS (which excludes net unrealised foreign 
exchange gains on translation of long-term receivables)         565,0 – 585,0            546,1
HEPS                                                            625,0 – 645,0            559,6
Basic EPS                                                       710,0 – 730,0            579,9
Year-end rate of exchange: SA rand to US dollar                         10,46             8,48
Average rate of exchange for the year                                    9,67             8,16


The results of Textainer Group Holdings (NYSE: TGH), in which Trencor has a 48,3%
beneficiary interest, can be accessed on its website www.textainer.com.

The financial information on which this trading statement is based has not been reviewed and
reported on by Trencor’s independent auditors. The reviewed results in respect of the year ended
31 December 2013 are expected to be published on SENS on or about 24 February 2014.

ON BEHALF OF THE BOARD

NI JOWELL Chairman

11 February 2014

Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)

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