JASCO ELECTRONICS HOLDINGS LIMITED - Revised Trading Statement

Revised Trading Statement

JASCO ELECTRONICS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1987/003293/06
Share code: JSC     ISIN: ZAE000003794
(“Jasco” or “the company” or “the group”)



REVISED TRADING STATEMENT


In terms of the Listings Requirements of the JSE Limited,
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 the previous corresponding
period.

We refer shareholders to the trading statement issued on 13
January 2016. We are pleased to announce that the group’s Carrier
and Enterprise divisions achieved a stronger than anticipated
result and upon further review, additional guidance is to be
provided through a revised trading statement.

December 2015

Jasco therefore advises that, for the six months ended 31
December 2015, the company expects:

   -   Revenue growth for the six months to 31 December 2015 will
       be between 8% and 13% higher than the previous
       corresponding period.

   -   Operating profit for the six months to 31 December 2015
       will be between 279% and 299% higher than the previous
       corresponding period.

   -   Earnings per share (“EPS”) to be between 800% and 820%
       higher (between 5,67 cents and 5,80 cents per share)
       compared to the 0,63 cents per share for the previous
       corresponding period.

   -   Headline earnings per share (“HEPS”) to be between 783%
       and 803% higher (between 5,74 cents and 5,87 cents per
       share) than the 0,65 cents per share for the previous
       corresponding period.


The weighted average number of shares in issue for the period
increased from 214 269 855 to 224 189 816 due to a full weighting
of past share issues in the current period. There have been no
shares issued since the previous financial year ended 30 June
2015.
The information in this trading statement has not been reviewed
or reported on by the company’s external auditors.

Shareholders are further advised that Jasco’s unaudited interim
results for the six months ended 31 December 2015 will be
announced on 10 February 2016.


Midrand
20 January 2016


Sponsor
Grindrod Bank Limited

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