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METROFILE HOLDINGS LIMITED - Trading Statement

Release Date: 11/03/2019 08:00
Code(s): MFL     PDF:  
Wrap Text
Trading Statement

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
("Metrofile" or "the Company")

Trading statement for the six months ended 31 December 2018

In terms of paragraph 3.4(b) of the JSE Limited Listings
Requirements, a listed company is required to publish a trading
statement as soon as it is satisfied that a reasonable degree of
certainty exists that the financial results for the period to be
reported upon next will differ by at least 20% from those of the
previous corresponding period and can with a reasonable degree of
certainty provide an estimated range with a maximum variance of
20%.

Metrofile is in the process of finalising its financial results
for the six months ended 31 December 2018.

Shareholders are advised that for the six months ended
31 December 2018 the following earnings per share ("EPS") and
headline earnings per share (“HEPS”) are expected:

           Six months ended    Six months ended
           31 December 2018    31 December 2017
                                                     VARIANCE
               Expected           Unaudited
               (cents)             (cents)
                                                   -47% to -40%
EPS             9.5 to 11.0          18.6
                                                   (lower)
                                                   -39% to -29%
HEPS            9.5 to 11.0          15.6
                                                   (lower)

Revenue for the period was 7,5% higher than the prior period and
EBITDA is expected to be 1% to 10% lower.

The information contained in this trading statement has not been
reviewed or reported on by the Company’s external auditors.
Metrofile expects to release its interim results on or about
13 March 2019.

By order of the board

Johannesburg
11 March 2019

Sponsor
The Standard Bank of South Africa Limited

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