ESR - Esor Limited - Trading statement Release Date: 10/05/2007 17:00:02 Code(s): ESR
ESR - Esor Limited - Trading statement
(Incorporated in the Republic of South Africa)
Registration number: 1994/000732/06)
(JSE code: ESR ISIN: ZAE000078408)
("Esor" or "the company")
In terms of the Listings Requirements of the JSE Limited ("JSE"), a listed
company is required to publish a trading statement as soon as it becomes aware
that its financial results for the next reporting period will differ by 20% or
more from a profit forecast previously provided to the market in relation to
Esor issued a circular to its shareholders dated 31 October 2006 regarding the
acquisition of Franki Africa (Pty) Limited ("Franki"). The circular included a
revised profit forecast for the combined group after the acquisition for the
period ending 28 February 2007. The revised profit forecast was announced on
SENS on 6 November 2006 ("revised forecast").
Shareholders are advised that Esor is currently finalising its results for the
year ended 28 February 2007 and are advised that Esor`s earnings and headline
earnings per share for the year ended 28 February 2007 is expected to increase
by between 35% and 45% over that of the revised forecast. This financial
information on which this trading statement is based has not been reviewed or
reported on by Esor`s auditors.
The results for the year ended 28 February 2007 are expected to be published on
SENS by the end of May 2007.
10 May 2007
Date: 10/05/2007 17:00:02 Supplied by www.sharenet.co.za
Produced by the JSE SENS Department .
|Email this JSE Sens Item to a Friend.|
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.