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ECSPONENT LIMITED - Updated Trading Statement

Release Date: 30/03/2015 12:11
Code(s): ECS     PDF:  
Wrap Text
Updated Trading Statement

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”)


Updated Trading Statement for the year ended 31 December 2014

The board of directors are pleased to provide shareholders with a further update to the trading statement
released on 27 March 2015. The directors anticipate substantially improved results as follows:

-    Earnings per share (“EPS”) is expected to increase by between 135% and 155%, resulting in an
     EPS of between 1.125 cents and 1.220 cents per share as compared to 0.479 cents per share for
     the comparative period; and
-    Headline earnings per share (“HEPS”) is expected to increase by between 65% and 85%, resulting
     in a HEPS of between 0.868 cents and 0.973 cents per share as compared to 0.526 cents per
     share for the comparative period.

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.

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.



30 March 2015

Pretoria



Sponsor to Ecsponent

Questco (Pty) Ltd

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