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RAUBEX GROUP LIMITED - Updated Trading Statement in respect of the year ended 29 February 2024

Release Date: 29/04/2024 07:05
Code(s): RBX     PDF:  
Wrap Text
Updated Trading Statement in respect of the year ended 29 February 2024

RAUBEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX
ISIN: ZAE000093183
("Raubex" or "the Group")

UPDATED TRADING STATEMENT IN RESPECT OF THE YEAR ENDED 29 FEBRUARY 2024

On 4 March 2024, Raubex released a voluntary trading update for the year ending 29 February
2024 ahead of attending various investor conferences. That trading statement was based on
the management accounts for the 11 months to 31 January 2024.

Raubex is now finalising its audited results for the year ended 29 February 2024 ("Year End"),
which are expected to be released on SENS on or about 13 May 2024.

Accordingly, shareholders are advised that Raubex expects to announce the following, based
on better than expected results achieved in February 2024 across all four of the Group's
divisions as well as receiving finalisation confirmations on a number of outstanding claims
submitted:

    -   headline earnings per share ("HEPS") of between 451.7 cents and 491.0 cents for the
        Year End, compared to HEPS of 392.8 cents reported in the previous corresponding
        period. This represents an increase in HEPS of between 15% and 25%; and
    -   earnings per share ("EPS") of between 449.8 cents and 488.9 cents for the Year End,
        compared to EPS of 391.1 cents reported in the previous corresponding period. This
        represents an increase in EPS of between 15% and 25%.

The financial information in this announcement has not been reviewed and reported on by the
Group's auditors.

Centurion
29 April 2024

Sponsor
Investec Bank Limited

Date: 29-04-2024 07:05:00
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