Trading Statement PREMIER FISHING AND BRANDS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1998/018598/06 JSE code: PFB ISIN: ZAE000247516 (“PFB” or “the Company” or “the Group” or "Premier”) TRADING STATEMENT In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, listed companies are required to publish a trading statement as soon as the Board of directors are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next will differ by at least 20% from that of the previous corresponding period. PFB is currently finalising its financial results for the six months ended 28 February 2019 and shareholders are advised that the Company expects to report net profit attributable to owners of the parent of between R34.6 million and R37.5 million, representing an increase of between 20.0% and 30.0%, compared to net profit of the parent reported on in the prior year of R28.8 million. The Company expects to report basic earnings per share for the period ending 28 February 2019 to be between 13.32 and 14.43 cents compared to basic earnings per share of 11.10 cents reported on in the previous corresponding period, representing an increase in basic earnings per share of between 20.0% and 30.0%. The Company expects the headline earnings per share to be between 13.37 and 14.48 cents compared to headline earnings per share of 11.10 cents reported on in the previous corresponding period, representing an increase in headline earnings per share of between 20.0% and 30.0%. 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 six months ended 28 February 2019 are expected to be released on SENS during the week ending 12 April 2019. Cape Town 4 April 2019 JSE Sponsor Vunani Capital Date: 04/04/2019 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Email this JSE Sens Item to a Friend.