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CADIZ HOLDINGS LIMITED - Trading Statement

Release Date: 28/05/2014 16:50
Code(s): CDZ     PDF:  
Wrap Text
Trading Statement

CADIZ HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/007258/06)
JSE share code: CDZ
ISIN: ZAE000017661
(“Cadiz Holdings” or “the group”)

CADIZ HOLDINGS – TRADING STATEMENT

Further to the trading statement released on SENS on 20 May 2014
advising that basic and diluted headline earnings per share for
the year ended 31 March 2014 (“the period”) are expected to be
between 15% and 20% higher than the corresponding period,
shareholders are advised that this range has now been revised to
an increase of between 20% to 25%. The reason for the change is
an adjustment to headline earnings as a result of a minor loss
on the disposal of fixed assets by an associate.

There has been no further change to the earnings guidance which
is as follows:

Basic and diluted earnings per share for are expected to be
between 10% and 15% higher than the corresponding period.

Basic and diluted earnings per share from continuing operations
are expected to be between 50% and 60% higher.

The group’s results for the year ended 31 March 2014 will be
announced on SENS on Monday 2 June 2014.

The financial information on which this trading statement is
based has not been reviewed or reported on by the group’s
independent auditors.

Cape Town
28 May 2014

Sponsor
Investec Bank Limited

Date: 28/05/2014 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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