CASHBUILD LIMITED - Trading statement

Trading statement

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB ISIN: ZAE000028320
(“Cashbuild” or the “Company”)

Trading statement

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading
statement as soon as they are reasonably certain that the financial results for the current reporting
period will be more than 20% different than that of the prior comparative period.

For the six months ended 31 December 2019, Cashbuild expects to report:

    •   earnings per share (“EPS”) of between 765,0 cents to 717,2 cents, compared to EPS of 956,2
        cents reported for the six months ended 31 December 2018. This represents a decrease in EPS
        of between 20% and 25%; and

    •   headline earnings per share (“HEPS”) of between 777,8 cents to 729,2 cents, compared to HEPS
        of 972,3 cents reported for the six months ended 31 December 2018. This represents a decrease
        in HEPS of between 20% and 25%.

The decrease in EPS and HEPS of more than 20%, is as a result of the impact of the implementation of
IFRS 16 Leases which resulted in depreciation on Right of use Assets and interest costs on the Lease
Liabilities raised.

Shareholders are advised that the financial information on which this trading statement is based has not
been reviewed or reported on by the Company’s auditors. Cashbuild’s audited results for the six months
ended 31 December 2019 will be released on SENS on or about Tuesday, 3 March 2020.

24 February 2020

Sponsor
Nedbank Corporate and Investment Banking

Date: 24-02-2020 02:26:00
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