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TRUWORTHS INTERNATIONAL LIMITED - Trading statement for the 26 week period ended 27 December 2015

Release Date: 27/01/2016 13:46
Code(s): TRU     PDF:  
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Trading statement for the 26 week period ended 27 December 2015

Truworths International Limited
(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
JSE Code: TRU
NSX Code: TRW
ISIN: ZAE000028296

TRADING STATEMENT FOR THE 26 WEEK PERIOD ENDED 27 DECEMBER 2015

Truworths International Limited (the ‘Group’) announces that it expects that Group
fully diluted headline earnings per share (‘HEPS’) for the 26 weeks to
27 December 2015 (‘the period’) will increase by between 19% and 23%, to
between 396.7 cents and 410.1 cents, relative to the fully diluted HEPS of 333.4
cents reported for the corresponding prior period.

These expected results include those of the recently acquired Office, Earthchild and
Naartjie businesses. Office is the UK-based cash retailer of footwear in which an
89% stake was acquired by the Group on 4 December 2015. The expected HEPS are
after once-off fees and expenses of R129.4 million relating to the acquisition.

Shareholders are advised that this trading statement does not constitute an
earnings forecast, and that the financial information provided has neither been
reviewed nor reported on by the Group’s external auditors. The Group’s
interim results for the period are scheduled for release on or about Thursday,
18 February 2016.


27 January 2016
Cape Town

JSE Sponsor: One Capital
NSX Sponsor: Old Mutual Investment Services (Namibia) (Pty) Ltd

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