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PRIMESERV GROUP LIMITED - Trading statement for the twelve months ended 31 March 2018

Release Date: 25/04/2018 07:10
Code(s): PMV     PDF:  
Wrap Text
Trading statement for the twelve months ended 31 March 2018

Primeserv Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/013448/06)
("Primeserv” or “the company”)
Share code: PMV      ISIN: ZAE000039277

TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 31 MARCH 2018

In terms of the Listings Requirements of the JSE Limited ("JSE Listings Requirements"),
companies are required to publish a trading statement as soon as they become aware that
the financial results for the period to be reported upon next may differ by at least 20% from
the financial results for the previous corresponding period.

Primeserv accordingly advises that management’s review of the financial results expected
for the 12 months ended 31 March 2018 has indicated that Primeserv will reflect earnings
per share of between 21.32 cents per share and 22.04 cents per share, in comparison to
earnings per share of 17.77 cents per share, and headline earnings per share of between
22.11 cents per share and 23.05 cents per share in comparison to headline earnings per
share of 18.74 cents for the 12 months ended 31 March 2017. This represents an increase
in earnings per share of between 20% and 24%, and an increase in headline earnings per
share of between 18% and 23%.

The financial results on which this trading statement has been based have not been
reviewed or reported on by the company’s auditors. The financial results of the company will
be published on or about Friday, 15 June 2018.


25 April 2018
Illovo, Sandton

Sponsor
Grindrod Bank Limited
(Registration number 1994/007994/06)

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