To view the PDF file, sign up for a MySharenet subscription.

ECSPONENT LIMITED - Trading statement for the year ended 31 December 2014

Release Date: 27/03/2015 17:33
Code(s): ECS     PDF:  
Wrap Text
Trading statement for the year ended 31 December 2014

ECSPONENT LIMITED
(Previously John Daniel Holdings Limited)
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
(“the Company” or “Ecsponent”)

Trading Statement for the year ended 31 December 2014


In terms of the Listings Requirements of the JSE, a company is required to publish a trading statement
as soon as the company is satisfied, with a reasonable degree of certainty, that the financial results for
the period to be reported upon next will differ by at least 20% or more from those of the corresponding
reporting period of the previous year ("comparative period").

The estimates in respect of the year ended 31 December 2014, on which the trading statement is based,
will not be reviewed, audited and reported on by the Company's auditors and the following trading
statement is therefore based on the information available at the time of this announcement.

The board of directors are pleased to advise shareholders that the corporate actions and strategic
direction of the Group continues to gain momentum resulting in improved financial performance by the
Group.

The board of directors accordingly advises shareholders of Ecsponent that:

-    Earnings per share (“EPS”) is expected to increase by a minimum of 80% from 0.479 cents for the
     previously reported comparative period, resulting in a minimum EPS of 0.862 cents per share; and
-    Headline earnings per share (“HEPS”) is expected to increase by a minimum of 20% from 0.526
     cents for the previously reported comparative period, resulting in a minimum HEPS of 0.631 cents
     per share.

The results for the year ended 31 December 2014 will be published prior to 31 March 2015.



27 March 2015

Pretoria



Sponsor to Ecsponent

Questco (Pty) Ltd

Date: 27/03/2015 05:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story