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AFRIMAT LIMITED - Trading update for the year ended 28 February 2015

Release Date: 27/03/2015 09:37
Code(s): AFT     PDF:  
Wrap Text
Trading update for the year ended 28 February 2015

Afrimat Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022534/06)
Code: AFT ISIN: ZAE 000086302
("Afrimat" or “the Company”)

TRADING UPDATE FOR THE YEAR ENDED 28 FEBRUARY 2015

In terms of the JSE Listings Requirements, companies are required to publish a trading statement as
soon as they are satisfied with a reasonable degree of certainty that the financial results of the period
to be reported upon will differ by 20% or more from the financial results of the previous corresponding
period.

Afrimat’s shareholders are advised that:

   -  Basic earnings per share (“EPS”) for the year is expected to be between 124.5 and 135.4 cents per
      share (2014: 108.3 cents per share) reflecting an increase of between 15% and 25% on the
      previous year; and

   -  Headline earnings per share (“HEPS”) for the year is expected to be between 125.4 and 136.3
      cents per share (2014: 109.0 cents per share) reflecting an increase of between 15% and 25% on
      the previous year.

The financial information on which this trading statement is based has not been reviewed by the
Company’s auditors. The Company’s financial results will be released on or about 21 May 2015.

By order of the Board of Directors
Johannesburg
27 March 2015
Sponsor: Bridge Capital Advisors (Pty) Limited

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