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MAZOR GROUP LIMITED - Trading Statement

Release Date: 23/10/2014 11:10
Code(s): MZR     PDF:  
Wrap Text
Trading Statement

Mazor Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/017221/06)
Share code: MZR     ISIN: ZAE000109823
(“Mazor” or “the Company”)


TRADING STATEMENT


In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, the Board of Mazor
hereby provides shareholders with a trading update of the Group’s results for the six months ended
31 August 2014.


                                                                        31 August        31 August
                                                                              2014             2013
                                                                         Expected            Actual
Basic and diluted earnings / (loss) per share (cents)                 (7.3) to (8.1)           17.1
Basic and diluted headline earnings / (loss) per share (cents)        (7.3) to (8.1)           14.9


Trading conditions over the past 6 months have been challenging with a decline in revenue for
both the aluminium and steel operating division after the completion of large contracts in the prior
financial year. The glass operating division required significant re-organisation during the last 6
months, the costs of which were absorbed in the period under review.


Mazor’s interim financial results are scheduled to be released on or about Tuesday,
4 November 2014.


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


Cape Town
23 October 2014
Sponsor: Bridge Capital Advisors (Pty) Ltd

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