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KAYDAV GROUP LIMITED - Trading statement

Release Date: 21/01/2019 13:56
Code(s): KDV     PDF:  
 
Wrap Text
Trading statement

KAYDAV GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/038698/06)
JSE share code: KDV ISIN: ZAE000108940
("KayDav" or "the company")


TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as
soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the current reporting
period will differ by at least 20% from the financial results for the previous corresponding period.

Accordingly, KayDav hereby notifies shareholders that the company expects earnings per share and headline earnings
per share for the year ended 31 December 2018 to exceed the 6.0 cents per share for the year ended 31 December 2017
by at least 80%. The increase in expected earnings was driven by improved cost control.

KayDav is not able to provide a specific percentage and numbers, or range and numbers, to describe the difference in
the financial results for such periods. Once the company obtains reasonable certainty in this regard it will issue a
further trading statement.

The information on which this trading statement is based has not been reviewed or reported on by KayDav's auditors.

The audited results for the year ended 31 December 2018 are anticipated to be released by 31 March 2019.

21 January 2019

Sponsor
Java Capital

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