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EOH HOLDINGS LIMITED - Unaudited interim condensed consolidated financial statements for the six months ended 31 January 2020

Release Date: 07/04/2020 07:45
Code(s): EOH     PDF:  
 
Wrap Text
Unaudited interim condensed consolidated financial statements for the six months ended 31 January 2020

EOH HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/014669/06)
JSE share code: EOH ISIN: ZAE000071072
(“EOH” or “the Company” or “the Group”)



SHORT-FORM ANNOUNCEMENT: UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 31 JANUARY 2020


“Our key businesess have delivered sound performances demonstrated by improved gross margins over the
reporting period. We have made good progress on cost management projects and achieved both our disposal
and closure targets resulting in access to cash and a continued simplification of the business.

Our focus remains on further reducing our debt burden and driving cost efficiencies notwithstanding the
challenges brought by COVID-19” Stephen van Coller, CEO

Salient features
• Sound performances from key businesses
• Improved gross profit margins
• Strong and improving cash balances
• Stable core revenue and customer base
• Key financial indicators
              - Total revenue – R6 354 million
              - Gross profit margin – 24%
              - Total normalised EBITDA – R405 million
              - Total cash balances of R826 million (R950 million as at 2 April 2020)

                                    Unaudited for the six        Unaudited restated for
                                    months to 31 January             the six months to
                                                    2020              31 January 2019          % change
 Total Revenue                            R6 354 million                 R8 128 million          -21.8%
 Headline loss per share
 (including discontinued
 operations)                            395 cents per share            827 cents per share        52.2%
 Loss per share
 (including discontinued
 operations)                            687 cents per share          1 689 cents per share        59.3%


The presentation of the Group’s interim results hosted by EOH CEO Stephen van Coller and CFO Megan
Pydigadu, may be viewed via a webinar at 11h00 on 7 April 2020, by following the link:
https://themediaframe.net/eoh200403

This short-form announcement is the responsibility of the directors. This short-form announcement is only a
summary of the information in the full announcement and does not contain full or complete details. The short-
form announcement has not been audited or reviewed by the Company's external auditors. Any investment
decisions by investors and/or shareholders should be based on consideration of the full announcement
published on SENS and the issuer’s website as a whole.

The full announcement, which has been released on SENS, is available on EOH’s website at:
https://www.eoh.co.za/investor-relations/financial-results/ and is also available on the JSE website at:
https://senspdf.jse.co.za/documents/2020/jse/isse/EOH/H12020.pdf
Copies of the full announcement may be requested from ir@eoh.com or the sponsor, Java Capital at
sponsor@javacapital.co.za.

7 April 2019

Sponsor
Java Capital

Date: 07-04-2020 07:45:00
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