UCS
UCS
UCS - UCS Group Limited - Trading Statement
UCS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002253/06)
JSE code: UCS
ISIN: ZAE000016150
("UCS" or "the company")
TRADING STATEMENT
Shareholders are advised that UCS expects to report revenue growth of 43.6%
for the six months to 31 March 2007 compared to the same period last year.
The TSS Managed Services and Quadrant businesses acquired on 1 July 2006
are included in the results for the full six-months for the first time.
Headline earnings per share is expected to be up by between 70% and 80% for
the interim period ended 31 March 2007 compared to the same period last
year while earnings per share is expected to be between 90% and 100%
higher.
The difference between the earnings per share and headline earnings per
share relates predominantly to the once-off realisation of profits, net of
minority interests, totalling some R6 million (2.4 cents per share) arising
on the sale of the network business by UCS Solutions (Pty) Limited to
Internet Solutions during the period under review.
Shareholders are also advised that the financial information provided in
this trading statement in respect of the six month period ended 31 March
2007 has not been reviewed and/or reported on by the company`s auditors.
It is anticipated that the results for the six month period ended 31 March
2007 will be published on or about 15 May 2007
Johannesburg
25 April 2007
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 25/04/2007 14:20:01 Produced by the JSE SENS Department.
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