To view the PDF file, sign up for a MySharenet subscription.

WILSON BAYLY HOLMES-OVCON LIMITED - Trading Statement

Release Date: 12/02/2016 13:45
Code(s): WBO     PDF:  
Wrap Text
Trading Statement

WILSON BAYLY HOLMES - OVCON LIMITED
Building and civil engineering contractors
(Registration no. 1982/011014/06)
ISIN No: ZAE 000009932
Share code: WBO
(“WBHO” or “the Company”)


TRADING STATEMENT
The directors of Wilson Bayly Holmes-Ovcon Ltd hereby advise shareholders that, in respect of the consolidated interim results
for the period ended 31 December 2015, earnings per share and headline earnings per share are expected to vary by the
percentages and amounts in the table below in comparison to the restated figures:


                                       31 December           31 December             31 December         31 December
                                             FY15                 FY15                   FY14                 FY14
                                     % range between            between               (Restated)         (As previously
                                                                                                           reported)

       Continuing operations

       Headline earnings per          20% to 25% up           626 and 652               521,7                529,9
       share (cents)

       Earnings per share             15% to 20% up           629 and 656               547,0                555,2
       (cents)


       Total operations

       Headline earnings per          15% to 20% up           622 and 649               540,9                540,9
       share (cents)

       Earnings per share            7,5% to 12,5% up         612 and 641               569,8                569,8
       (cents)


During the period under review 3Q Mahuma Concrete (Pty) Ltd, a subsidiary of Capital Africa Steel (Pty) Ltd met the
requirements for classification as a discontinued operation in terms of International Financial Reporting Standards (IFRS).
Earnings per share and headline earnings per share in respect of the comparative period 31 December 2014 have been restated
accordingly.
The financial results for the period to 31 December 2015 are expected to be released on SENS 23 February 2016.
This statement has not been reviewed or reported on by the company’s auditors.


By order of the board


Johannesburg
12 February 2016


Sponsor: Investec Bank Limited

Date: 12/02/2016 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story