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AFRIMAT LIMITED - Trading statement for the year ended 28 February 2019

Release Date: 05/04/2019 07:05
Code(s): AFT     PDF:  
 
Wrap Text
Trading statement for the year ended 28 February 2019

Afrimat Limited
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT ISIN: ZAE000086302
(“Afrimat” or “the Company”)


TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2019


In terms 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.

The Company expects earnings per share (“EPS”) to be between 216.4 cents and 234.4 cents per share
(2018: 180.3 cents per share) reflecting an increase of between 20% and 30% on the previous period.

The Company expects headline earnings per share (“HEPS”) to be between 216.8 cents and 234.9 cents
per share (2018: 180.7 cents per share) reflecting an increase of between 20% and 30% on the previous
period.

The financial information on which this trading statement is based has not been reviewed by the Company’s
auditors. The Company’s financial results will be released on or about 23 May 2019.

By order of the board of directors of the Company


Cape Town
5 April 2019
Sponsor: Bridge Capital Advisors Proprietary Limited

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