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CURRO HOLDINGS LIMITED - Trading Statement and Voluntary Announcement

Release Date: 06/02/2015 14:00
Code(s): COH     PDF:  
Wrap Text
Trading Statement and Voluntary Announcement

Curro Holdings Limited
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)

TRADING STATEMENT AND VOLUNTARY ANNOUNCEMENT

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a listed company
is required to publish a trading statement as soon as it becomes aware
that the financial results for the financial period to be reported on next
will vary by 20% or more from those of the previous comparable period.

Accordingly, shareholders are hereby advised that a reasonable degree of
certainty exists that the Company’s headline earnings per share for the
year ended 31 December 2014 will be between 17,0 cents to 18,3 cents per
share compared to the 12,8 cents reported in the prior year, being an
increase of between 33% and 43%.

Shareholders are further advised that it is expected that the Company’s
basic earnings per share for the year ended 31 December 2014 will be
between 16,8 cents to 18,1 cents per share compared to the 12,9 cents
reported in the prior year, being an increase of between 30% and 40%.

The financial information on which this trading statement is based has not
been reviewed and reported on by Curro’s auditor.

The financial results for the year ended 31 December 2014 are expected to
be published on or about 17 February 2015.

VOLUNTARY ANNOUNCMENT

As at the previous reporting announcement on 5 August 2014 Curro had
28 899 learners across 32 campuses. Curro now has 42 campuses with 36 012
learners.

By order of the Board

Durbanville
6 February 2015

Sponsor
PSG Capital

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