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MASSMART HOLDINGS LIMITED - Trading Statement for the 53 weeks to 29 December 2013

Release Date: 19/02/2014 12:25
Code(s): MSM     PDF:  
Wrap Text
Trading Statement for the 53 weeks to 29 December 2013

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share code: MSM
ISIN: ZAE000152617
(“Massmart" or "the Company")



Trading Statement for the 53 weeks to 29 December 2013

This trading statement is required in terms of paragraph 3.4(b) of the JSE Limited Listings
Requirements.

Shareholders are advised that Massmart expects to release reviewed earnings, headline
earnings, earnings per share (Basic EPS) and headline earnings per share (HEPS) for the
53 weeks to 29 December 2013 within the ranges shown in the table below.

Headline earnings and HEPS excluding foreign exchange are also shown in the table.

                                            Expected Ranges         Actual       Expected
                                              53 weeks to        52 weeks to     % Change
                                             December 2013      December 2012
Rm’s
Earnings                                    1 230.0 - 1 327.2        972.3      26.5% - 36.5%
Headline earnings                           1 288.9 - 1 391.6       1 027.0     25.5% - 35.5%
Headline earnings before foreign exchange   1 229.6 - 1 349.0       1 193.8      3.0% - 13.0%

Cents
Basic EPS                                    569.0 - 614.0           449.8      26.5% - 36.5%
HEPS                                         596.4 - 643.9           475.2      25.5% - 35.5%
HEPS before foreign exchange                 568.9 - 624.1           552.3       3.0% - 13.0%



Greater detail will be provided with the release of Massmart’s reviewed preliminary financial
results for the 53 weeks ended 29 December 2013 on 27 February 2014.

The above information has not been reviewed or reported on by the Company’s external
auditors.


Johannesburg
19 February 2014

Sponsor: Deutsche Securities (SA) Proprietary Limited

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