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AFRIMAT LIMITED - Voluntary Trading Statement for the period ended 31 August 2017

Release Date: 18/10/2017 08:40
Code(s): AFT     PDF:  
Wrap Text
Voluntary Trading Statement for the period ended 31 August 2017

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

VOLUNTARY TRADING STATEMENT FOR THE PERIOD ENDED 31 AUGUST 2017

Shareholders are advised that a reasonable degree of certainty exists regarding the Company’s earnings for
the six months ended 31 August 2017. The Company would therefore like to voluntarily disclose the
following expected movement in financial results in terms of 3.4(b) of the JSE Listings Requirements.

The Company expects earnings per share (“EPS”) to be between 100.5 cents and 105.4 cents per share
(2016: 97.6 cents per share) reflecting an increase of between 3% and 8% on the previous period.

The Company expects headline earnings per share (“HEPS”) to be between 100.0 cents and 104.7 cents
per share (2016: 95.2 cents per share) reflecting an increase of between 5% and 10% 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 2 November 2017.

By order of the board of directors of the Company

Cape Town
18 October 2017
Sponsor: Bridge Capital Advisors Proprietary Limited

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