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QUANTUM FOODS HOLDINGS LIMITED - Updated trading statement

Release Date: 03/05/2018 10:00
Code(s): QFH     PDF:  
Wrap Text
Updated trading statement

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2013/208598/06
Share Code: QFH
ISIN Code: ZAE000193686
(“Quantum Foods” or “the Company”)

UPDATED TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a listed company
is required to issue a trading statement once it is 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.

Further to the initial trading statement released on SENS dated 14 March
2018, shareholders are advised that in respect of the six-month period
ended 31 March 2018, the Company expects headline earnings per share of
between 81.3 cents and 83.7 cents, being an increase of between 556% and
575% compared to the headline earnings of 12.4 cents per share for the
previous corresponding period.

Shareholders are further advised that in respect of the six-month period
ended 31 March 2018, the Company expects basic earnings per share of
between 81.0 cents and 83.8 cents, being an increase of between 483% and
503% when compared to the basic earnings per share of 13.9 cents in
the previous corresponding period.

The financial information on which this trading statement is based has not
been reviewed or reported on by the Company’s auditors. Quantum Foods’
financial results for the six-month period ended 31 March 2018 are expected
to be released on SENS on or about Thursday, 24 May 2018.

Wellington
3 May 2018

Sponsor
PSG Capital

Date: 03/05/2018 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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