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FINBOND GROUP LIMITED - Trading Update - year ended 28 February 2018

Release Date: 21/05/2018 10:00
Code(s): FGL     PDF:  
Wrap Text
Trading Update - year ended 28 February 2018

Finbond Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE00013895
(“Finbond” or “the Company” or “the Group”)


TRADING UPDATE – YEAR ENDED 28 FEBRUARY 2018

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the next period to be
reported on will differ by more than 20% from that of the previous corresponding period.

A review of the financial results for the year ended 28 February 2018 by the directors of the Company
has indicated that:

 - headline earnings per share will increase to between 31.4 cents and 35.1 cents per share,
   representing a percentage improvement of between 68.8% and 88.7% compared to the 18.6 cents
   per share reported for the prior year; and

 - earnings per share will increase to between 29.0 cents and 32.7 cents per share, representing a
   percentage improvement of between 55.9% and 75.8% compared to the 18.6 cents per share
   reported for the prior year.

The financial information on which this trading statement is based has not been reviewed or reported
on by Finbond’s auditors. Finbond’s audited results for the period ended 28 February 2018 are expected
to be released on SENS on or before 30 May 2018.

Pretoria
21 May 2017


SPONSOR:
GRINDROD BANK LIMITED

Date: 21/05/2018 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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