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CASHBUILD LIMITED - Further trading statement

Release Date: 16/08/2021 16:00
Code(s): CSB     PDF:  
Wrap Text
Further trading statement

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB                     ISIN: ZAE000028320
(“Cashbuild” or “the Group”)
FURTHER TRADING STATEMENT

Shareholders are referred to the announcement released on SENS on 28 June 2021 which stated that earnings
per share (“EPS”) and headline earnings per share (“HEPS”) for the year ended 27 June 2021 (“FY 2021”) are
expected to increase by a minimum of 100% compared to the prior year ended 28 June 2020 (“FY 2020”) and
that Cashbuild will release a further trading statement to provide further guidance once Cashbuild has
reasonable certainty on the range of the increase, in compliance with the JSE Listings Requirements.

On a statutory basis, Cashbuild expects:

    •   EPS for the FY 2021 of between 2 882,9 cents and 3 000,6 cents, being an increase of between 145%
        and 155%; and
    •   HEPS for the FY 2021 of between 2 788,6 cents and 2 902,4 cents, being an increase of between 145%
        and 155%;

compared to EPS of 1 176,7 cents per share and HEPS of 1 138,2 cents per share achieved for FY 2020.

Shareholders are advised that the financial information on which this trading statement is based has not been
reviewed or reported on by the Group's auditors. Cashbuild's audited results for the year ended 27 June 2021
are expected to be released on SENS on or about Wednesday, 1 September 2021.

BUSINESS UPDATE - EVENTS SUBSEQUENT TO YEAR-END

Impact of civil unrest and the ongoing pandemic

The violent protests and looting of mid-July, mainly in Gauteng and KwaZulu-Natal negatively impacted
Cashbuild with a total of 36 stores (32 Cashbuild and 4 P&L Hardware stores) being damaged and looted.

One affected store has already been repaired and is currently trading. Cashbuild has initiated the process of
assessing the damages and working with insurers in obtaining approvals for the rebuilding, restoring and
restocking of the affected stores. The situation is continuously monitored and preventative measures taken to
ensure the safety of our staff.

16 August 2021

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 16-08-2021 04:00:00
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