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EXXARO RESOURCES LIMITED - EXX: Trading Statement For Six Months Ended 30 June 2017

Release Date: 11/08/2017 09:56
Code(s): EXX     PDF:  
Wrap Text
EXX: Trading Statement For Six Months Ended 30 June 2017

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN: ZAE000084992
ADR code: EXXAY
(“Exxaro” or “the Company”)

TRADING STATEMENT FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2017

Shareholders are advised that Exxaro and its directors have reasonable certainty relating to
the expected financial results of Exxaro for the six-month period ended 30 June 2017.

Attributable earnings for the six-month period ended 30 June 2017 are expected to be
between R2 450 million and R2 880 million. This is mainly due to higher net operating profit
contribution from the coal business as well as higher equity-accounted income from
investments. Attributable earnings per share (AEPS) are therefore expected to be between
775 cents per share and 912 cents per share compared to the 362 cents per share
attributable earnings reported for the six-month period ended 30 June 2016.

Headline earnings per share (HEPS) are expected to be between 795 cents per share
and 925 cents per share compared to 309 cents per share reported for the six-month period
ended 30 June 2016.

Shareholders are advised that Exxaro will release its reviewed financial results for the six-
month period ended 30 June 2017 on 17 August 2017. Further details are available on our
website, www.exxaro.com.

The forecast financial information on which this trading statement is based has not been
reviewed, audited nor reported on by Exxaro’s external auditors.

This statement is issued in compliance with the JSE Listings Requirements.

Editor’s note:
Exxaro is one of the largest South African based diversified resources companies, with
interests in the coal, titanium dioxide and chemicals, iron ore and renewable energy
commodities. www.exxaro.com

Enquiries:
Mzila Mthenjane, Executive head: Stakeholder affairs
Tel: + 27 12 307 7393
Mobile: +27 83 417 6375
Email: Mzila.mthenjane@exxaro.com

Pretoria
11 August 2017

Sponsor:
Absa Bank Limited (acting through its corporate and investment banking division).

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