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MASTER DRILLING GROUP LIMITED - Trading Statement

Release Date: 08/03/2018 13:06
Code(s): MDI     PDF:  
Wrap Text
Trading Statement

Master Drilling Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2011/008265/06)
JSE share code: MDI
ISIN: ZAE000171948
(“Master Drilling” or the “Company”)

Trading Statement


Shareholders are advised that the Company’s earnings per share (“EPS”) for the year ended 31
December 2017 (“current period”) in ZAR terms are expected to be between 142,60 and 163,60 cents
per share compared to the EPS of 210,00 cents per share for the year ended 31 December 2016
(“comparative period”), which is between 32,1% and 22,1% lower than the EPS of the comparative
period as reported in ZAR. Headline earnings per share (“HEPS”) for the current period are expected
to be between 146,60 and 167,60 cents per share compared to the HEPS of 210,00 cents per share
for the comparative period, which is between 30,2% and 20,2% lower than the HEPS for the
comparative period as reported in ZAR.

Shareholders are advised that the Company’s EPS for the current period in USD terms are expected
to be between 10.80 and 12.20 cents per share compared to the EPS of 14.30 cents per share for the
comparative period, which is between 24,6% and 14,6% lower than the EPS of the comparative period
as reported in USD. HEPS in USD for the current period are expected to be between 11.10 and 12.50
cents per share compared to the HEPS of 14.30 cents per share for the comparative period, which is
between 22,5% lower and 12,5% lower than the HEPS for the comparative period.

The financial information on which this trading statement is based has not been reviewed or reported
upon by the Company’s auditors. Master Drilling’s year-end results are expected to be released on
SENS on or about Tuesday, 20 March 2018.

Fochville
8 March 2018

Sponsor
Investec Bank Limited

Date: 08/03/2018 01:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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