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STEFANUTTI STOCKS HOLDINGS LIMITED - Trading Statement

Release Date: 18/10/2017 09:00
Code(s): SSK     PDF:  
Wrap Text
Trading Statement

Stefanutti Stocks Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/003767/06)
Share code: SSK  ISIN: ZAE000123766
(“Stefanutti Stocks” or “the group”)

TRADING STATEMENT

In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, the board of
directors of Stefanutti Stocks hereby provides shareholders with a trading update of the group’s
results for the six months ended 31 August 2017.

The group will report an increase in operating profit compared to the prior period. This increase
has, however, been impacted by an increase in the effective tax rate. As a result, interim earnings
per share and interim headline earnings per share are expected to be between 10% and 20%
lower than the corresponding period, translating into interim earnings per share of between 44,46
cents and 50,01 cents per share (August 2016: 55,57 cents) and interim headline earnings per
share of between 42,19 cents and 47,46 cents per share (August 2016: 52,73 cents).

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

The release of the results for the six months ended 31 August 2017 is anticipated to be published
on 9 November 2017.

Johannesburg
18 October 2017
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 18/10/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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