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DATATEC LIMITED - Year-end trading statement

Release Date: 30/04/2015 12:00
Code(s): DTC     PDF:  
Wrap Text
Year-end trading statement

Datatec Limited                                                                  
(Incorporated in the Republic of South Africa)                                   
(Registration number: 1994/005004/06)                                            
ISIN: ZAE000017745                                                               
Share Code: DTC 
  
Year-end trading statement 
  
Datatec Limited (“Datatec” or the “Group”, JSE and LSE: DTC), is in the process of finalising its results 
for the year ended 28 February 2015 (“FY15”), which are expected to be released on Wednesday, 13 
May 2015. 
  
On 19 March 2015, Datatec announced that the Group expected to report underlying earnings per 
share* of between 41 – 43 US cents for FY15, which is between 15% - 20% higher than the 35.7 US 
cents reported for the previous corresponding reporting period. This guidance remains unchanged. 
  
In terms of the JSE Limited Listings Requirements, companies are required to publish a trading 
statement as soon as they are satisfied that a reasonable degree of certainty exists  that the financial 
results for the period to be reported upon next will differ by at least 20% from those of the previous 
corresponding period.  Accordingly, shareholders are advised that: 
- earnings per share will be in the range 36 – 38 US cents, which is between 27% - 34% higher than 
the 28.4 US cents reported for the previous corresponding reporting period; and 
- headline earnings per share will be in the range 36 – 38 US cents, which is between 14% - 20% 
higher than the 31.6 US cents reported for the previous corresponding reporting period.  
  
The financial information on which this statement is based has not been reviewed and reported on 
by Datatec’s external auditors. 

* Excluding impairment of goodwill and intangible assets, profit or loss on sale of investments 
and assets, amortisation of acquired intangible assets, unrealised foreign exchange movements, 
acquisition related adjustments, fair value movements on acquisition-related financial 
instruments and the taxation effect on all of the aforementioned. 

Enquiries: 

Datatec Limited (www.datatec.co.za)                                        
Jens Montanana, Chief Executive Officer                                   +44 (0) 1753 797 118 
Jurgens Myburgh, Chief Financial Officer                                  +27 (0) 11 233 3301 
Wilna de Villiers, Group Marketing Manager                                +27 (0) 11 233 1013 
                                                                           
Jefferies Hoare Govett – Nominated Advisor and Broker                      
Nick Adams/ Alex Collins                                                  +44 (0) 20 7029 8000 
                                                                           
finnCap – Broker                                                           
Tom Jenkins / Henrik Persson                                              +44 (0) 20 7220 0500 
                                                                           
Instinctif Partners                                                        
Adrian Duffield / (UK)                                                    +44 (0) 20 7457 2020 
Frederic Cornet / Pietman Roos (SA)                                       +27 (0) 11 447 3030 
 
30 April 2015 

Sponsor 
RAND MERCHANT BANK (A division of FirstRand Bank Limited)  

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