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COMBINED MOTOR HOLDINGS LIMITED - Trading Statement for the financial year ended 28 February 2018

Release Date: 19/03/2018 10:30
Code(s): CMH     PDF:  
Wrap Text
Trading Statement for the financial year ended 28 February 2018

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH     ISIN: ZAE000088050
(“CMH”)

TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2018

In terms of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as
soon as it becomes aware that the financial results for the next
period to be reported on will show a 20% or more difference from
those of the previous corresponding period.

CMH hereby advises that a reasonable degree of certainty exists
that, for the year ended 28 February 2018:

–   Headline earnings per share (“HEPS”) is expected to increase
    by between 10% and 20%, resulting in a HEPS of between 312.6
    cents and 341.0 cents per share as compared with 284.2 cents
    per share for the comparative period; and

–   Earnings per share (“EPS”) is expected to increase by between
    20% and 30%, resulting in an EPS of between 316.0 cents and
    342.3 cents per share as compared with 263.3 cents per share
    for the comparative period.


This financial information has not been reviewed and reported on
by the auditors of CMH. The results for the year ended
28 February 2018 are expected to be published on or about
17 April 2018.

Durban
19 March 2018

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

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