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ROLFES HOLDINGS LIMITED - Trading Statement

Release Date: 03/09/2014 07:05
Code(s): RLF     PDF:  
Wrap Text
Trading Statement

ROLFES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/002715/06)
Share Code: RLF & ISIN: ZAE000159836
("Rolfes" or "the Company")

TRADING STATEMENT

In compliance with section 3.4(b) of the JSE Listings
Requirements, the following trading statement is provided to
the market regarding the anticipated headline earnings per
share ("HEPS") and earnings per share ("EPS") for the year
ended 30 June 2014.

Shareholders are hereby advised that during the year under
review, the Company is reasonably certain that its
consolidated results for the year ended 30 June 2014, in
comparison to the results for the year ended 30 June 2013,
will reflect a decrease in HEPS of between 5% and 10%(2013:
39.2 cents per share)due to actual trading performance being
relatively flat in comparison to the previous financial year
and a decrease in EPS of between 43% and 48% (2013: 50.3 cents
per share) respectively. The decrease in EPS is mainly due to
accounting for the discontinued operations of the resins
business during the current year under review and the once-off
profit on sale of the Jet Park property during the prior year
ending 30 June 2013.

The information in this trading statement has not been
reviewed or reported on by the Company’s auditors. The
Company’s audited financial results for the year ended 30 June
2014 is expected to be published on SENS by close of business
on 18 September 2014.

Johannesburg
3 September 2014


Sponsor: Grindrod Bank Limited

Date: 03/09/2014 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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