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PURPLE GROUP LIMITED - Trading Statement For The Year Ended 31 August 2020

Release Date: 20/11/2020 13:29
Code(s): PPE     PDF:  
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Trading Statement For The Year Ended 31 August 2020

Purple Group Limited

(Incorporated in the Republic of South Africa)

(Registration number 1998/013637/06)

Share code: PPE ISIN: ZAE000185526

(“Purple Group” or “the Company”)

TRADING STATEMENT FOR THE YEAR ENDED 31 AUGUST 2020

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a trading
statement as soon as the issuer and its directors are satisfied that there is a reasonable degree of certainty that the
financial results for the next reporting period will differ by at least 20% from those of the previous corresponding
period.


Shareholders are accordingly advised that for the year ended 31 August 2020, the directors of Purple Group
anticipate a basic earnings and headline earnings per share of between 1.44 cents and 1.59 cents, compared to a
basic loss and headline loss per share of 1.06 cents reported in the previous corresponding 12 month period. The
percentage movement is not shown as both the earnings per share and headline earnings per share have moved
from a loss in the previous corresponding 12-month period to a profit for the 12 months ended 31 August 2020.


The profit attributable to owners of the Company has improved from a loss of R9.5 million to a profit of between
R13.7 million and R15.1 million for the year, an improvement of between R23.2 million and R24.6 million.


The information above has not been reviewed or reported on by the Company’s external auditors.


The Company’s results for the 12 months ended 31 August 2020 are expected to be published on SENS on or about
27 November 2020.


Johannesburg
20 November 2020
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 20-11-2020 01:29:00
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