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PRIMESERV GROUP LIMITED - Trading Statement for the six months ended 30 September 2021

Release Date: 29/10/2021 17:15
Code(s): PMV     PDF:  
Wrap Text
Trading Statement for the six months ended 30 September 2021

Primeserv Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/013448/06)
("Primeserv” or “the company”)
Share code: PMV      ISIN: ZAE000039277

TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2021


In terms of the Listings Requirements of the JSE Limited, companies are required to publish
a trading statement as soon as they become aware that the financial results for the period to
be reported upon next may differ by at least 20% from the financial results for the previous
corresponding period.

Primeserv accordingly advises that management’s review of the financial results expected for
the 6 months ended 30 September 2021 has indicated that Primeserv will reflect earnings per
share of between 11.41 cents per share and 12.11 cents per share, in comparison to earnings
per share of 4.83 cents for the 6 months ended 30 September 2020, and headline earnings
per share of between 11.42 cents per share and 12.12 cents per share in comparison to
headline earnings per share of 7.14 cents for the 6 months ended 30 September 2020. This
represents an increase in earnings per share of between 136% and 151%, and an increase in
headline earnings per share of between 60% and 70%.

The financial results on which this trading statement has been based have not been reviewed
or reported on by the company’s auditors. The financial results of the company will be
published on or about Wednesday, 3 November 2021.


29 October 2021
Illovo, Sandton

Sponsor
Grindrod Bank Limited

Date: 29-10-2021 05:15:00
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