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ADCOCK INGRAM HOLDINGS LIMITED - Further trading statement

Release Date: 17/08/2017 17:32
Code(s): AIP
Wrap Text
Further trading statement

Adcock Ingram Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2007/016236/06)
Share code: AIP ISIN: ZAE000123436
(“Adcock Ingram” or “the Company”)

Further trading statement

In terms of the JSE Limited (“JSE”) Listings Requirements, companies are required to provide guidance to the
market when they are satisfied that a reasonable degree of certainty exists that the financial results for the
current reporting period will differ by at least 20% from the results of the previous corresponding reporting
period.

Shareholders are accordingly advised that in the financial results for the year ended 30 June 2017, EPS is
expected to be between 330 and 333 cents per share, (June 2016: 101.4 cents) and HEPS, is expected to be
between 310 cents and 313 cents per share, (June 2016: 228.7 cents). This represents an increase in HEPS
of between 36% and 37%.

In an earlier Trading Statement released on SENS on 24 July 2017, shareholders were advised that in the
previous corresponding reporting period, losses of R200 million on the disposal of certain discontinued
operations were accounted for, adversely impacting the EPS in that year. The comparable increase in HEPS
for the current reporting period arises in the normal course of trade and business.

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

Adcock Ingram is currently finalising its results for the financial year ended 30 June 2017, which are expected
to be released on SENS on or about 25 August 2017, in which more comprehensive information will be
provided.

Midrand
17 August 2017

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 17/08/2017 05:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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