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DISTRIB. AND WAREHOUSING NETWORK LD - Trading statement

Release Date: 25/06/2015 09:43
Code(s): DAW     PDF:  
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Trading statement

Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW & ISIN code: ZAE000018834
(“DAWN” or “the Company”)


TRADING STATEMENT

In compliance with section 3.4 (b) of the Listings Requirements of the JSE Limited, a listed
company is required to publish a trading statement as soon as it becomes reasonably
certain that the financial results for the period to be reported on next will show a 20% or
more difference from the previous corresponding period.

Accordingly, shareholders are advised that:
       Earnings per share for the financial year ended 31 March 2015 will be 547% higher
       than that achieved in the financial year ended 30 June 2014 (note that the financial
       year end of the Company was changed from June to March). This translates to
       earnings per share of 204.7 cents in relation to 31.6 cents per share for the previous
       financial year.

        Headline earnings per share for the financial year ended 31 March 2015 will be
        151% lower than that achieved in the financial year ended 30 June 2014. This
        translates to a headline loss per share of 25.5 cents in relation to headline earnings
        per share of 50.2 cents for the previous financial year.

The financial results on which this trading statement has been based, have been audited by
DAWN’s auditors. Further information will be provided in the results announcement for the
period ended 31 March 2015 which will be published on SENS on 25 June 2015.

25 June 2015
Johannesburg

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 25/06/2015 09:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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