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REUNERT LIMITED - Trading statement 5 May 2015
RLO 201505050007A
Trading statement
REUNERT LIMITED(Incorporated in the Republic of South Africa)
Registration number: 1913/004355/06
ISIN: ZAE000057428
Share code: RLO("Reunert" or "the Company")
TRADING STATEMENT
Reunert is currently finalising its results for the six months ended 31 March 2015, which should bereleased on the Stock Exchange News Service of the JSE Limited on or about 19 May 2015. In this regard, shareholders are advised that, with a reasonable degree of certainty, headline earnings per share and normalised headline earnings per share will be between 254,0 cents and 279,0 cents reflecting an increase of between 7% and 17% as compared to the 238,5 cents and 237,2 cents respectively in the previous year, while basic earnings per share will be between 280,0cents and 305,0 cents reflecting an increase of between 18% and 28% as compared to the 237,8cents in the previous year.
The increase in earnings per share is attributable to the moderate improvement in the operating profits of the continuing operations, the interest earned on the proceeds of the Nashua Mobile deal and the additional profit earned on the sale of the Nashua Mobile base.
The financial information on which this trading statement is based has not been reviewed andreported on by the Company's external auditors.
By order of the board of the Company
Woodmead, Sandton
5 May 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 05/05/2015 08:04:00 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.
