Trading Statement for the six-month period ended 30 June 2018
EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ADR code: EXXAY
(“Exxaro” or the “Company”)
TRADING STATEMENT FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2018
Shareholders are advised that Exxaro and its directors have reasonable certainty relating to the expected
financial results of Exxaro for the six-month period ended 30 June 2018.
Attributable earnings per share (AEPS) for the six-month period ended 30 June 2018 are expected to be
between 1 205 cents per share and 1 315 cents per share, an increase of between 41% and 54%,
compared to 852 cents per share reported for the six-month period ended 30 June 2017.
Headline earnings per share (HEPS) for the six-month period ended 30 June 2018 are expected to be
between 1 160 cents per share and 1 270 cents per share, an increase of between 32% and 44%, compared
to 882 cents per share reported for the six-month period ended 30 June 2017.
Whilst the coal business benefited from higher selling prices and volumes, the increases in AEPS and
HEPS are mainly due to the movement in the number of shares as a result of the implementation of the
Replacement BEE Transaction during 2017, resulting in the BEE shares being treated as treasury shares
and therefore excluded from the weighted average number of shares.
Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period
ended 30 June 2018 on 16 August 2018. Further details are available on our website, www.exxaro.com.
The forecast financial information on which this trading statement is based has not been reviewed, audited
nor reported on by Exxaro’s external auditors.
This statement is issued in compliance with the JSE Listings Requirements.
Exxaro is one of the largest South African based diversified resources companies, with interests in the
coal, titanium dioxide and chemicals, iron ore and renewable energy commodities. www.exxaro.com
Mzila Mthenjane, Executive head: Stakeholder affairs
Tel: + 27 12 307 7393
Mobile: +27 83 417 6375
8 August 2018
ABSA Bank Limited (acting through its Corporate and Investment Banking division)
Date: 08/08/2018 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Email this JSE Sens Item to a Friend.