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TRENCOR LIMITED - Further trading statement

Release Date: 20/04/2016 11:56
Code(s): TRE     PDF:  
Wrap Text
Further trading statement

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor”)


FURTHER TRADING STATEMENT


Shareholders are referred to the Further Trading Statement published on 4 April 2016 wherein it
was advised that earnings per share (“EPS”), headline earnings per share (“HEPS”) and adjusted
HEPS for the year ended 31 December 2015 were expected to be within the ranges set out below:

                                                     2015 Expected                 2014 Actual
                                                 % decrease               cps              cps
HEPS                                                 5 - 10         493 - 521              548
Adjusted HEPS (which excludes net
unrealised foreign exchange gains
on translation of long-term
receivables)                                        12 - 17         432 - 458              521
Basic EPS                                         144 - 149      (239) - (266)             543


It is now advised that Basic EPS for 2015 are expected to be between -69 and -96 cents per share
(a decrease between 113% and 118% from that reported for 2014). The remaining indicators are
expected to be within the ranges previously announced.

The financial information on which this trading statement is based has not been reviewed and
reported on by Trencor’s independent auditors.

On behalf of the Board

NI Jowell Chairman

20 April 2016

Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
www.trencor.net

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