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ESOR LIMITED - Trading Statement

Release Date: 13/05/2016 14:30
Code(s): ESR     PDF:  
Wrap Text
Trading Statement

ESOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/000732/06)
JSE code: ESR
ISIN: ZAE000133369
(“Esor” or “the Company”)

TRADING STATEMENT

In terms of paragraph 3.4 of the listings requirements of the 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.

Esor is currently finalising its financial results for the year
ended 29 February 2016 and shareholders are advised that the
company expects basic earnings per share to be between 0,8 and
1,2 cents compared to a basic loss per share of 26,4 cents from
the previous corresponding period, representing an increase of
between 103% and 105%.

The Company expects headline earnings per share to be between
12,9 and 15,9 cents compared to a headline loss per share of 18,8
cents from the previous corresponding period, representing an
increase of between 169% and 185%.

The financial information on which this trading update is based
has not been reviewed or reported on by the company’s auditors.

The company’s financial results for the year ended 29 February
2016 are expected to be released on SENS during the week ending
27 May 2016.


Germiston
13 May 2016

Sponsor
Vunani Corporate Finance

Date: 13/05/2016 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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