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AMALGAMATED ELECTRONIC CORP LIMITED - Trading Statement

Release Date: 27/07/2016 13:25
Code(s): AER     PDF:  
Wrap Text
Trading Statement

Amalgamated Electronic Corporation Limited
Incorporated in the Republic of South Africa
(Registration number 1997/010036/06)
Share code: AER ISIN: ZAE000070587
(“Amecor” or “the Company”)


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.

Accordingly, a review of the financial results for the six month period ending 30 September 2016 by
management has indicated that the earnings per share (“EPS”) and the headline earnings per share (“HEPS”)
are expected to be at least 20.6 cents, reflecting an increase of at least 30%, when compared to the EPS and
HEPS of 15.8 cents for the six month period ended 30 September 2015.

A further trading statement will be released once the Company has a greater degree of certainty with regards
to its financial results for the period ending 30 September 2016.

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


Johannesburg
27 July 2016

Sponsor
Merchantec Capital

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