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Trading Statement
Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code : ATN ISIN: ZAE000029658
Share Code : ATNP ISIN: ZAE000029666
(“Altron” or “the company”)
Altron Trading Statement
Shareholders are advised that a reasonable degree of certainty exists that the company’s
basic earnings per share for the year ending 28 February 2014 are expected to be more than
200% higher as against the previous corresponding period, predominantly as a result of
improved operational performance and the once off impairments in the prior year. Headline
earnings per share for the year ending 28 February 2014 are expected to be more than 20%
higher as against the previous corresponding period.
A further trading statement will be issued in due course to provide shareholders with a
business update on the Altron group’s performance during the past six months and to
provide earnings forecast ranges for earnings per share and headline earnings per share as
required by the JSE Listings Requirements.
As a result of the Government’s decision to hold the 2014 general elections on Wednesday,
7 May 2014, Altron’s annual financial results for the financial year ending 28 February 2014
are expected to be announced on or about Wednesday, 14 May 2014.
This trading statement has not been reviewed or reported on by Altron’s external auditor.
By order of the board.
Johannesburg
20 February 2014
Sponsor
Investec Bank Limited
Date: 20/02/2014 09:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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