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CASHBUILD LIMITED - Trading Statement - FY 2023

Release Date: 10/08/2023 09:09
Code(s): CSB     PDF:  
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Trading Statement - FY 2023

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB         ISIN: ZAE000028320
(“Cashbuild” or “the Group”)

TRADING STATEMENT – FY 2023

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as
soon as they are reasonably certain that the financial results for the current reporting period will differ by at
least 20% from the prior comparative period.

On a statutory basis, Cashbuild expects:

    -   Headline earnings per share (“HEPS”) for the year ended 25 June 2023 (“FY 2023”) of between
        1 157,6 cents and 1 254,1 cents, being a decrease of between 35% and 40%, compared to HEPS of
        1 929,4 cents for the prior year ended 26 June 2022 (“prior year”); and

    -   Earnings per share (“EPS”) for FY 2023 of between 418,9 cents and 523,7 cents, being a decrease of
        between 75% and 80%, compared to EPS of 2 094,7 cents for the prior year.

The reason for the variance between HEPS and EPS noted above is mainly due to an impairment to the P&L
Hardware goodwill and other store impairments based on rate changes as well as subdued forecasts within the
current constrained economic environment.

Shareholders are advised that the financial information on which this trading statement is based has not been
reviewed or reported on by the Group's auditors. Cashbuild's audited results for the FY 2023 are expected to be
released on SENS on or about Wednesday, 30 August 2023.

10 August 2023

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 10-08-2023 09:09:00
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