CASHBUILD LIMITED - Trading update

Trading update

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB & ISIN: ZAE000028320
("Cashbuild", the “Company” or "the Group")

TRADING UPDATE

As required by the JSE Limited Listing Requirements, a company
is required to announce once it is reasonably certain that its
results will differ by more than 20% from the corresponding
reporting period.

BEE Transaction - A special resolution in terms of a specific
repurchase was adopted by shareholders on 30 November 2015,
whereby 200,000 shares would be repurchased by the company from
the Cashbuild Empowerment Trust. The related cost has been
provided for as a personnel expense in the Group’s results.

Excluding the impact of the BEE transaction, Cashbuild expects
that basic, headline, diluted basic and diluted headline
earnings per share, for the year ended 30 June 2016, to be
between 40% and 45% higher than the prior financial year.

Taking into account the once off impact of the BEE transaction,
Cashbuild expects to announce that basic, headline, diluted
basic and diluted headline earnings per share, for the year
ended 30 June 2016, to be between 22% and 27% higher than the
prior financial year.

The ranges are as follows:

Excluding the impact of the BEE transaction
-   Basic earnings per share between 2179.5c and 2257.4c (30
    June 2015: 1556.8c – basic earnings)
-   Headline earnings per share between 2139.5c and 2215.9c (30
    June 2015: 1528.2c – headline earnings)
-   Diluted basic earnings per share between 2151.4c and 2228.2c
    (30 June 2015: 1536.7c – diluted basic earnings)
-   Diluted headline earnings per share between 2111.9c and
    2187.3c (30 June 2015: 1508.5c – diluted headline earnings)

Statutory information (including impact of the BEE transaction)
-   Basic earnings per share between 1899.3c and 1977.1c (30
    June 2015: 1556.8c – basic earnings)
-   Headline earnings per share between 1864.4c and 1940.8c (30
    June 2015: 1528.2c – headline earnings)
-   Diluted basic earnings per share between 1874.8c and 1951.6c
    (30 June 2015: 1536.7c – diluted basic earnings)
-   Diluted headline earnings per share between 1840.4c and
    1915.8c (30 June 2015: 1508.5c – diluted headline earnings)

The one month trading from P&L Hardware is included in the above.
This does not have a meaningful impact on earnings for the Group
and therefore is not disclosed separately.

The abovementioned information has not been reviewed and
reported on by the Company’s external auditors. The Group’s
results for the financial year ended 30 June 2016 are expected
to be released on SENS on or about 30 August 2016.


Johannesburg

18 August 2016


Sponsor

Nedbank Corporate and Investment Banking

Date: 18/08/2016 04:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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