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Updated trading statement
Hudaco Industries Limited
(“Hudaco” or “the company”)
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273
UPDATED TRADING STATEMENT
Shareholders are referred to the trading statement released
on SENS on 20 May 2015 in which shareholders were advised
that, for the half-year ended 31 May 2015, Hudaco’s
comparable earnings per share (“CEPS”) were expected to be
at least 30% higher and its headline earnings per share
(“HEPS”) and basic earnings per share (“EPS”) at least 20%
higher than for the half-year ended 31 May 2014. CEPS, HEPS
and EPS were expected to be at least 547 cents (2014: CEPS
416 cents, HEPS and EPS 456 cents) but that the half-year
earnings would be dependent on trading results for May 2015
and that a range could not be provided at that stage.
Shareholders are now advised that, for the half-year ended
31 May 2015, Hudaco’s comparable earnings per share
(“CEPS”) are expected to be between 30% and 32% higher and
its headline earnings per share (“HEPS”) and basic earnings
per share (“EPS”) between 20% and 21% higher than for the
half-year ended 31 May 2014. CEPS, HEPS and EPS are
expected to be between 547 and 550 cents (2014: CEPS 416
cents, HEPS and EPS 456 cents).
Hudaco’s results for the interim period ended 31 May 2015
are expected to be announced on SENS on Friday 26 June
2015.
This updated trading statement has not been reviewed or
reported on by Hudaco’s external auditors.
22 June 2015
Sponsor: Nedbank
Date: 22/06/2015 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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