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PBT GROUP LIMITED - Trading Statement for the six months ended 30 September 2020

Release Date: 23/11/2020 15:44
Code(s): PBG     PDF:  
Wrap Text
Trading Statement for the six months ended 30 September 2020

PBT Group Limited

(Incorporated in the Republic of South Africa)

(Registration number: 1936/008278/06)

JSE Share code: PBG ISIN: ZAE000256319

("PBT Group" or “the Company”)



TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2020


In terms of paragraph 3.4 of the JSE Listings Requirements, companies are required to publish a trading
statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the
period to be reported upon will differ by 20% or more from the financial results of the previous corresponding
period.

Shareholders of the PBT Group (“Shareholders”) are advised that the Company is currently finalising its results
for the six months ended 30 September 2020. Results are expected to be as follows:



                                For the six months ended       For the six months ended
                                   30 September 2020              30 September 2019

 Earnings per share           Between 20.5 cents per share     16.37 cents per share
                              and 21.5 cents per share

 Headline earnings per        Between 20.5 cents per share     16.39 cents per share
 share                        and 21.5 cents per share




These much improved results were mainly achieved due to continued and increasing demand for the Group’s
services, which drives its organic revenue growth. The Group’s top clients are stock exchange listed and have
remained able to pay timeously for services rendered so that the Group continues to convert earnings into
cash. The Group has no long-term interest-bearing borrowings and is in a positive cash position.

The financial information on which this trading statement is based has not been reviewed and reported on by
the Company’s auditors.

By order of the board of directors.


Cape Town
23 November 2020
Sponsor: Sasfin Capital Proprietary Limited

Date: 23-11-2020 03:44:00
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