KAYDAV GROUP LIMITED - Unaudited interim results for the six months ended 30 June 2020

Unaudited interim results for the six months ended 30 June 2020

KAYDAV GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/038698/06)
JSE share code: KDV ISIN: ZAE000108940
(“KayDav” or “the Group” or “the company”)


SHORT-FORM ANNOUNCEMENT UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2020


Nature of business

KayDav comprises a group of businesses involved in the distribution of wood-based panels and
packaging consumables and machinery.Wood-based panels are manufactured through the compression
of wood waste into solid panels. These panels have a variety of applications in the construction,
furniture manufacturing and shopfitting industries. Packaging consumables and machinery are products
and machines which cater for a wide variety of packaging requirements in the industrial, agricultural
and commercial sectors.

Financial results

- The Group’s revenue decreased by 13% from R478 million for the six months ended 30 June
  2019 (“prior comparative period”) to R417 million for the six months ended 30 June 2020.
- Headline earnings per share (“HEPS”) and earnings per share (“EPS”) decreased to 0.5 cents for
  the six months ended 30 June 2020 from the HEPS and EPS of 3.1 cents for the prior comparative
  period.
- The net asset value (“NAV”) per share attributable to ordinary shareholders increased by 7.7%
  from 130 cents at 30 June 2019 to 140 cents at 30 June 2020.

Short-form announcement

This short-form announcement is the responsibility of the directors of the Company.This short-form
announcement is only a summary of the information in the full announcement and does not contain
full or complete details. Any investment decision by investors and/or shareholders should be based
on consideration of, inter alia, the full announcement.

The full announcement is available on the company’s website at https://www.kaydav.co.za/wp-
content/uploads/2020-KayDav-Interim-Report.pdf and can also be accessed using the following link:
https://senspdf.jse.co.za/documents/2020/jse/isse/KDV/H12020.pdf

The full interim report is available for inspection at the registered offices of KayDav, 105 Bamboesvlei
Road, Ottery, 7800, and the offices of the sponsor, 6th Floor, 1 Park Lane,Wierda Valley, Sandton, 2196.
A copy of the full announcement may be requested by emailing the company at mslier@kaydav.co.za
or the sponsor, Java Capital, at sponsor@javacapital.co.za.

17 September 2020
Cape Town


Directors: GF Davidson* (CEO), M Slier* (CFO), S van Niekerk^ (Chairperson), B Tlhabanelo^,
F Davidson^ *Executive ^Non-Executive  Company Secretary: CIS Company Secretaries (Pty) Ltd
Registered Address: 105 Bamboesvlei Road, Ottery, 7800
Postal Address: PO Box 272, Ottery, 7808
Transfer Secretaries: Link Market Services South Africa (Pty) Ltd  Sponsor: Java Capital
Website: www.kaydav.co.za

Date: 17-09-2020 02:00:00
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