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Trading statement
Crookes Brothers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
Share code: CKS ISIN: ZAE000001434
(“the Company”)
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, a company is required to publish a trading
statement as soon as it becomes aware that the financial results for the next period to be reported
on will differ by at least 20% or more from those of the previous corresponding period.
For the six month period ended 30 September 2016, shareholders are advised that:
- basic earnings per share is expected to be between 250 cents and 270 cents, being an
increase of between 38% and 49%, compared to 180.8 cents in the corresponding prior
period; and
- headline earnings per share is expected to be between 250 cents and 270 cents, being an
increase of between 38% and 49% compared to 181.4 cents in the corresponding prior
period.
Earnings increases have been driven mainly by higher sugar cane and banana prices offset by
declining deciduous prices.
The information in this trading statement has not been reviewed or reported on by the Company’s
auditors.
The Company’s financial results for the six month period ended 30 September 2016 are expected to
be published on or about 29 November 2016.
Mount Edgecombe
24 November 2016
Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)
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