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Trading Statement
Stefanutti Stocks Holdings Limited
(Registration number 1996/003767/06)
Share code: SSK ISIN: ZAE000123766
(“Stefanutti Stocks” or “the Group”)
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, the Board of Stefanutti Stocks
would like to hereby provide shareholders with a trading update of the Group’s results for the year ended 28
February 2014. Earnings per share are expected to be between 61,0 cents and 73,0 cents (Feb 2013: 93,2
cents loss) and diluted headline earnings per share between 52,0 cents and 64,0 cents (Feb 2013: 89,2
cents loss).
Shareholders are reminded that the results for the year ended 28 February 2013 included the Competition
Commission penalty. Normalized headline earnings per share, which excluded the impact of the Competition
Commission penalty in the previous year, are expected to be between 60,0 cents and 72,0 cents (Feb 2013:
93.5 cents.) This adverse result can be attributed mainly to losses recognised on historic contracts within the
Building Business Unit. Stefanutti Stocks management is confident that the historic losses have been
addressed and that the Building Business Unit will return a positive result in the current reporting period.
The financial information on which this trading statement is based has not been reviewed or reported on by
the Group’s auditors.
Johannesburg
24 April 2014
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 24/04/2014 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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