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ADCOCK INGRAM HOLDINGS LIMITED - Trading statement

Release Date: 21/08/2018 08:37
Code(s): AIP     PDF:  
Wrap Text
Trading statement

Adcock Ingram Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2007/016236/06)
Share code: AIP ISIN: ZAE000123436
(“Adcock Ingram” or “the Company”)

Trading statement

In terms of the JSE Limited (“JSE”) Listings Requirements, companies are required to provide guidance to the
market when they are satisfied that a reasonable degree of certainty exists that the financial results for the
current reporting period will differ by at least 20% from the results of the previous corresponding reporting
period.

Shareholders are accordingly advised that in the financial results for the year ended 30 June 2018, EPS from
total operations is expected to be between 380 and 385 cents per share, (June 2017: 332.9 cents) and HEPS
from total operations is expected to be between 380 cents and 390 cents per share, (June 2017: 312.6 cents).
This represents an increase in EPS from total operations of between 14.1% and 15.7% and an increase in
HEPS from total operations of between 21.6% and 24.8%.

Shareholders are also advised that in the financial results for the year ended 30 June 2018, EPS from
continuing operations is expected to be between 380 and 385 cents per share, (June 2017: 308.9 cents) and
HEPS from continuing operations is expected to be between 380 cents and 390 cents per share, (June 2017:
308.9 cents). This represents an increase in EPS from continuing operations of between 23.0% and 24.6%
and an increase in HEPS from continuing operations of between 23.0% and 26.3%.

The financial information on which this trading statement is based has not been reviewed and reported on by
the Company’s external auditors.

Adcock Ingram is currently finalising its results for the financial year ended 30 June 2018, which are expected
to be released on SENS on or about 29 August 2018, in which more comprehensive information will be
provided.


Midrand
21 August 2018

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 21/08/2018 08:37:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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