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INSIMBI REFRACTORY & ALLOY SUP LIMITED - Trading Statement

Release Date: 15/03/2018 12:55
Code(s): ISB     PDF:  
Wrap Text
Trading Statement

Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB
ISIN: ZAE000116828
(“Insimbi” or “the Group”)

TRADING STATEMENT

In terms of section 3.4 (b) of the JSE Listings Requirements, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results
for the period to be reported upon next will differ by at least 20% from the financial results for the previous
corresponding period. The board of directors of Insimbi hereby provides shareholders with a trading
statement of the Group’s results for the year ended 28 February 2018.

Shareholders are advised that earnings per share (“EPS”) are expected to be between 17.07 cents per
share and 18.17 cents per share and headline earnings per share (“HEPS”) are expected to be between
16.85 cents per share and 17.94 cents per share representing an increase in:

-   EPS of between 55% and 65% compared to 11.01 cents per share for the period ended 28 February
    2017; and
-   HEPS of between 55% and 65% compared to 10.87 cents per share for the period ended 28 February
    2017.

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

The Company expects its results for the year ended 28 February 2018 to be released on SENS on or about
31 May 2018.

Johannesburg
15 March 2018
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 15/03/2018 12:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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