HUGE GROUP LIMITED - Trading statement

Release Date: 27/11/2018 12:24
Code(s): HUG
Wrap Text
Trading statement

(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the Company”)


In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies
are required to publish a trading statement as soon as a reasonable
degree of certainty exists that the financial results to be reported upon
next will differ by at least 20% from the financial results for the
corresponding period in the prior year.

Huge is in the process of preparing its financial results for the six months
ended 31 August 2018.

Shareholders are accordingly advised that a reasonable degree of
certainty exists that the Company’s results will reflect an increase in
earnings per share (EPS) of between 55% to 70%, when compared to the
EPS of 17.10 cents per share in the comparative period, resulting in EPS
of between 26.50 and 29.07 cents per share, and an increase in headline
earnings per share (HEPS) of between 40% to 55%, when compared to
the HEPS of 19.10 cents per share in the comparative period, resulting in
HEPS of between 26.74 and 29.60 cents per share.

This trading statement has not been reviewed or reported on by the
Company’s external auditors.

27 November 2018

Questco Corporate Advisory (Pty) Ltd

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