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TORRE INDUSTRIES LIMITED - Trading Statement for the year ended 30 June 2015

Release Date: 28/08/2015 11:40
Code(s): TOR     PDF:  
Wrap Text
Trading Statement for the year ended 30 June 2015

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR
ISIN: ZAE000188629
(“Torre” or “the Company” or “the Group”)

TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2015

In terms of paragraph 3.4(b) of the JSE Listings Requirements,
listed companies are required to publish a trading statement
as soon as the board of directors is satisfied that a
reasonable degree of certainty exists that the financial
results for the next reporting period will vary by more than
20% from those of the previous corresponding reporting period.

Accordingly Torre herby notifies shareholders of the following
expected movement in earnings per shares (“EPS”) and headline
earnings per share (“HEPS”) for the financial year ended
30 June 2015.

            30 June 2014     30 June 2015         % Move
EPS         13.13c           27c - 28.2c          106% - 115%
HEPS        12.09c           29c – 30.4c          140% - 151%

The information detailed above has not been reviewed or
reported on by the Company’s auditors.

The results for the year ended 30 June 2015 are expected to be
published on or about Thursday, 10 September 2015.

Johannesburg
28 August 2015

Sponsor and Corporate Finance Adviser to Torre:
Stellar Advisers Proprietary Limited

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