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ESORFRANKI LIMITED - Trading update

Release Date: 15/10/2012 08:00:00      Code(s): ESR       PDF(s):  
Trading update

ESORFRANKI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/000732/06)
JSE code: ESR
ISIN: ZAE000133369
(“Esorfranki” or “the company”)

TRADING UPDATE

Esorfranki is currently finalising its interim results for the
six months ended 31 August 2012 and shareholders are advised that
the company expects basic earnings per share of between 11,0 and
13,2 cents and headline earnings per share of between 7,0 and 8,4
cents for that period.      When compared to the corresponding
accounting period, these numbers represents an increase in
earnings per share of between 329% and 375% (2011: 4,8 cents loss
per share) and headline earnings per share of 280% and 315%
(2011: 3,9 cents headline loss per share).

Esorfranki’s work on hand and future pipeline remain healthy,
with a secured outstanding order book in excess of R2,4 billion
as at the date of this announcement and imminent pending awards
of approximately R645 million.

The financial information on which this trading update is based
has not been reviewed or reported on by the company’s auditors.

The company’s interim results for the six months ended 31 August
2012 are expected to be published on SENS during the week ending
26 October 2012.


Germiston
15 October 2012


Sponsor
Vunani Corporate Finance

Date: 15/10/2012 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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