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SEPHAKU HOLDINGS LIMITED - Trading statement for the twelve months ended 31 March 2023

Release Date: 15/06/2023 17:11
Code(s): SEP     PDF:  
Wrap Text
Trading statement for the twelve months ended 31 March 2023

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Company registration number: 2005/003306/06)
JSE share code: SEP
ISIN: ZAE000138459
(“SepHold” or the “Company”)


                        Trading statement for the twelve months ended 31 March 2023

SepHold is finalising the financial results for the twelve months ended 31 March 2023, that will be released on
SENS on or about 27 June 2023 and published in the press on or about 28 June 2023.

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a
trading statement as soon as they are satisfied, with a reasonable degree of certainty, that the financial results
for the period to be reported upon next will differ by at least 20% from those of the previous corresponding
reporting period.

Accordingly, SepHold, advises shareholders that, the basic earnings per share and headline earnings per share
for the twelve months ended 31 March 2023 compared to the twelve months ended 31 March 2022 (“FY 2022”)
are expected to decrease as follows:
   • the basic earnings per share to be between 9.01 cents and 10.41 cents representing a decrease of
     between 41% and 49% (FY 2022: basic earnings per share of 17.52 cents), and
   • the headline earnings per share to be between 9.61 cents and 11.02 cents representing a decrease of
     between 38% and 46% (FY 2022: headline earnings per share of 17.67 cents).

The Group’s Financial Year 2023 performance was mixed. Métier and Sephaku Cement both demonstrated
resilience and agility in maintaining market share, and Métier delivered strong growth in revenue and profit. But
deteriorating economic conditions and persistent challenges in the cement industry impacted Sephaku Cement’s
financial performance to breakeven levels.

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

Financial results webcast and conference call
A results conference webcast and conference call will be held at 10:00 SAST on 28 June 2023. Registration is
required and can be done clicking the following link to obtain the unique dial-in details:
SepHold FY 2023 results webcast registration link

The results presentation can be downloaded from the Company website on 28 June 2023 using
the following link: https://sephakuholdings.com/investor-centre/presentations/


Centurion

15 June 2023

Enquiries contact:
Neil Crafford-Lazarus
Financial Director
info@sephold.co.za
012 648 6300
Sponsor to Sephaku Holdings Limited: Questco Corporate Advisory (Pty) Ltd

About Sephaku Holdings Limited
Sephaku Holdings Limited is a building and construction materials company with a portfolio of investments in the cement
sector in South Africa. The Company's core investments are a 36% stake in Dangote Cement SA (Pty) Ltd and 100% in Métier
Mixed Concrete (Pty) Ltd. SepHold's strategy is to generate growth and realise value for shareholders through the production
of cement and ready mixed concrete in Southern Africa.
www.sephakuholdings.com

Date: 15-06-2023 05:11:00
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