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TASTE HOLDINGS LIMITED - Trading Statement

Release Date: 11/02/2016 16:00
Code(s): TAS     PDF:  
Wrap Text
Trading Statement

TASTE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2000/002239/06)
Share code: TAS ISIN: ZAE000081162
(“Taste” or “the Company” or “the Group”)


TRADING STATEMENT


In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement
as soon as they become reasonably certain that the financial results for the period to be reported on will
differ by more than 20% from that of the previous corresponding period.

Further to the above, Taste expects earnings per share and headline earnings per share for the year ending
29 February 2016 to be negative (a decrease of more than 100%).

Earnings per share and headline earnings per share for the comparative period being 28 February 2015
were 6.9 cents and 6.8 cents respectively.

Stakeholders are reminded that the Group also discloses core earnings which exclude once off costs relating
Domino’s Pizza and Starbucks. The Starbucks licence was acquired in July 2015 and the first stores are still
scheduled to open during the first half of this year.

Once the Company has clarity of the actual range of the earnings decrease for the year ending 29 February
2016, a further trading statement will be released on SENS.

The above information has not been reviewed or reported on by Taste’s auditors.



Johannesburg
11 February 2016

Sponsor
Merchantec Capital

Date: 11/02/2016 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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