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REUNERT LIMITED - Trading statement

Release Date: 05/05/2015 08:04
Code(s): RLO     PDF:  
Wrap Text
Trading statement

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1913/004355/06
ISIN: ZAE000057428
Share code: RLO
("Reunert" or "the Company")


TRADING STATEMENT

Reunert is currently finalising its results for the six months ended 31 March 2015, which should be
released on the Stock Exchange News Service of the JSE Limited on or about 19 May 2015.

In this regard, shareholders are advised that, with a reasonable degree of certainty, headline
earnings per share and normalised headline earnings per share will be between 254,0 cents and
279,0 cents reflecting an increase of between 7% and 17% as compared to the 238,5 cents and
237,2 cents respectively in the previous year, while basic earnings per share will be between 280,0
cents and 305,0 cents reflecting an increase of between 18% and 28% as compared to the 237,8
cents in the previous year.

The increase in earnings per share is attributable to the moderate improvement in the operating
profits of the continuing operations, the interest earned on the proceeds of the Nashua Mobile deal
and the additional profit earned on the sale of the Nashua Mobile base.

The financial information on which this trading statement is based has not been reviewed and
reported on by the Company’s external auditors.


By order of the board of the Company

Woodmead, Sandton
5 May 2015

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

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