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TRENCOR LIMITED - Revised trading statement

Release Date: 21/02/2014 11:10
Code(s): TRE     PDF:  
Wrap Text
Revised trading statement

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

REVISED TRADING STATEMENT


Further to the Trading Statement published on the Stock Exchange News Service (“SENS”) on
11 February 2014, shareholders are advised that earnings per share (“EPS”) and headline
earnings per share (“HEPS”) for the year ended 31 December 2013 are now 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, inter alia, net unrealised
foreign exchange gains on translation of long-term
receivables)                                                       620 – 640            546,1
HEPS                                                               775 – 800            559,6
Basic EPS                                                          775 – 800            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 Limited (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 26 February 2014.

ON BEHALF OF THE BOARD

NI JOWELL Chairman

21 February 2014

Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
www.trencor.net

Date: 21/02/2014 11:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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