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CARTRACK HOLDINGS LIMITED - Trading Statement

Release Date: 02/10/2019 09:45
Code(s): CTK     PDF:  
 
Wrap Text
Trading Statement

Cartrack Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/036316/06)
JSE share code: CTK
ISIN: ZAE000198305
(“Cartrack” or the “Company” or the “Group”)

Trading statement

In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, Cartrack is
publishing a trading statement for the six months ended 31 August 2019 (“HY20”) and expects the
HY20 results to fall within the following range:


                                                                  HY20                 HY19


                                  Growth on prior period   Expected range (cps)         cps
                                          (%)
 Headline    Earnings       Per          20 - 30                 69 – 75               57,8
 Share
 Basic Earnings Per Share                20 - 30                 69 – 75               57,9


The Group achieved robust growth of over 20% in both the subscriber base and subscription revenue.
These are both key performance indicators.

The financial information contained in this trading statement has not been reviewed nor reported on
by the Group’s external auditors.

The Company expects to release its interim results for HY20 on 23 October 2019.

Johannesburg
2 October 2019

Sponsor: The Standard Bank of South Africa Limited

Date: 02/10/2019 09:45:00
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