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ILIAD AFRICA LIMITED - Trading Statement

Release Date: 13/02/2014 13:48
Code(s): ILA     PDF:  
Wrap Text
Trading Statement

Iliad Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/011938/06)
Share code: ILA & ISIN: ZAE000015038
("Iliad" or "the Company")


TRADING STATEMENT


In accordance with paragraph 3.4(b) of the listings requirements of the JSE Limited, shareholders are
advised that Iliad’s results for the year ended 31 December 2013 will reflect earnings per share (EPS) and
headline earnings per share (HEPS) as follows:

 
Reporting Period                         EPS                                           HEPS


                           2013          2012        % change          2013            2012         % change

                        Earnings      Earnings                       Earnings        Earnings
                         (loss)
                                      Cents per                     Cents per        Cents per
                        Cents per
                         share          share                         share            share

    
1st Half                  (39.0)         20.1          (294)            0.4             20.0           (98)

    
2nd Half (range)       34.2 – 35.0        4.2        714 - 733      38.1 – 40.3         26.3         45 - 53

Full year (range)       (4.0 – 4.8)      24.3       (116 - 120)     38.5 – 40.7         46.3        (12 - 17)




As anticipated at the interim results release, the second half financial performance reflects the benefits of
the portfolio adjustments (including the disposal of the Timber Wholesale, Ceramics and Ceramics Cash
& Carry businesses) implemented during the 2013 year.

The financial information on which this trading statement is based, has not been reviewed by the
company’s auditors. The company’s results will be released on or about 11 March 2014.




13 February 2014
Johannesburg
Sponsor: Bridge Capital Advisors (Pty) Limited

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