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PRIMESERV GROUP LIMITED - Trading Statement for the six months ended 30 September 2019

Release Date: 10/10/2019 13:35
Code(s): PMV     PDF:  
 
Wrap Text
Trading Statement for the six months ended 30 September 2019

Primeserv Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/013448/06)
("Primeserv” or “the company”)
Share code: PMV      ISIN: ZAE000039277

TRADING STATEMENT
FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019

In terms of the Listings Requirements of the JSE Limited, companies are required to publish
a trading statement as soon as they become aware that the financial results for the period to
be reported upon next may differ by at least 20% from the financial results for the previous
corresponding period.

Primeserv accordingly advises that management’s review of the financial results expected
for the 6 months ended 30 September 2019 has indicated that Primeserv will reflect earnings
per share of between 11.36 cents per share and 12.38 cents per share, in comparison to
earnings per share of 10.23 cents for the 6 months ended 30 September 2018, and headline
earnings per share of between 11.46 cents per share and 12.49 cents per share in
comparison to headline earnings per share of 10.32 cents for the 6 months ended 30
September 2018. This represents an increase in earnings per share of between 11% and
21%, and an increase in headline earnings per share of between 11% and 21%.

The financial results on which this trading statement has been based have not been
reviewed or reported on by the company’s auditors. The financial results of the company will
be published on or about Monday, 25 November 2018.


10 October 2019
Illovo, Sandton

Sponsor
Grindrod Bank Limited

Date: 10/10/2019 01:35:00
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