To view the PDF file, sign up for a MySharenet subscription.

HUGE GROUP LIMITED - Trading Statement for the year ended 28 February 2019

Release Date: 29/05/2019 09:30
Code(s): HUG     PDF:  
 
Wrap Text
Trading Statement for the year ended 28 February 2019

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the Company”)


Trading Statement for the year ended 28 February 2019

In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies
are required to publish a trading statement as soon as a reasonable
degree of certainty exists that the financial results to be reported upon
next will differ by at least 20% from the financial results for the previous
corresponding period.

Huge is in the process of finalising its financial results for the twelve
months ended 28 February 2019.

Shareholders are accordingly advised that a reasonable degree of
certainty exists that the Company’s financial results is expected to reflect
an increase in earnings per share (EPS) and headline earnings per share
(HEPS) of between 15% to 25%, when compared to the EPS of 47.40 and
HEPS of 46.34 cents per share for the prior comparative period, which is
expected to result in an EPS of between 54.51 and 59.25 cents per share
and HEPS of between 53.29 and 57.93 cents per share.

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

The Company expects to release its financial results for the year ended
28 February 2019 on or about 31 May 2019.

Johannesburg
29 May 2019


Sponsor
Questco Corporate Advisory (Pty) Ltd

Date: 29/05/2019 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story