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CARTRACK HOLDINGS LIMITED - Trading Statement

Release Date: 14/04/2020 15:00
Code(s): CTK     PDF:  
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Trading Statement

Cartrack Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/036316/06)
JSE share code: CTK
ISIN: ZAE000198305
(“Cartrack” or the “Company” or the “Group”)

Trading statement

In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, Cartrack is
publishing a trading statement for the year ended 29 February 2020 (“FY20”) and expects the FY20
results to fall within the following range:


                                                                  FY20                 FY19


                                  Growth on prior period   Expected range (cps)         cps
                                          (%)
 Headline    Earnings       Per          25 - 30                145 – 151              115,6
 Share
 Basic Earnings Per Share                25 - 30                145 – 151              116,4


In line with management expectations, the Group experienced strong subscription revenue and
earnings growth on the back of a fortress balance sheet.

The financial information contained in this trading statement has not been reviewed nor reported on
by the Group’s external auditors.

The Company expects to release its results for FY20 on 13 May 2020.

Johannesburg
14 April 2020

Sponsor: The Standard Bank of South Africa Limited

Date: 14-04-2020 03:00:00
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