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AFRIMAT LIMITED - Trading update for the period ended 31 August 2016

Release Date: 12/10/2016 07:05
Code(s): AFT     PDF:  
Wrap Text
Trading update for the period ended 31 August 2016

Afrimat Limited
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT ISIN: ZAE000086302
(“Afrimat” or “the Company”)

TRADING UPDATE FOR THE PERIOD ENDED 31 AUGUST 2016

In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon
as they are satisfied with a reasonable degree of certainty that the financial results of the period to be
reported upon will differ by 20% or more from the financial results of the previous corresponding period.

The Company expects earnings per share (“EPS”) to be between 94.1 cents and 97.9 cents per share
(2016: 75.3 cents per share) reflecting an increase of between 25% and 30% on the previous period.

The Company expects headline earnings per share (“HEPS”) to be between 92.7 cents and 96.5 cents per
share (2016: 76.0 cents per share) reflecting an increase of between 22% and 27% on the previous period.

The financial information on which this trading statement is based has not been reviewed by the Company’s
auditors. The Company’s financial results will be released on or about 3 November 2016.

By order of the Board.

Cape Town
12 October 2016
Sponsor: Bridge Capital Advisors Proprietary Limited

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