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ESORFRANKI LIMITED - Trading update

Release Date: 08/05/2013 09:00:00      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 financial results for the
year ended 28 February 2013 and shareholders are advised that the
company expects basic earnings per share of between 21,0 and 25,2
cents and headline earnings per share of between 19,0 and 22,8 cents
for that period; these numbers represent an increase in earnings per
share of between 347% and 436% and headline earnings per share of
between 206% and 247%.

Esorfranki’s work on hand and future pipeline remain healthy, with a
secured outstanding order book in excess of R2,5 billion as at 28
February 2013 and imminent pending awards of approximately
R3 billion.

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 financial results for the year ended 28 February 2013
are expected to be released on SENS during the week ending 31 May
2013.


Sandton
8 May 2013


Sponsor
Vunani Corporate Finance

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