ESR
ESR
ESR - Esor Limited - Trading statement
ESOR LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1994/000732/06)
(JSE code: ESR ISIN: ZAE000078408)
("Esor" or "the company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited ("JSE"), a listed
company is required to publish a trading statement as soon as it becomes aware
that its financial results for the next reporting period will differ by 20% or
more from a profit forecast previously provided to the market in relation to
such period.
Esor issued a circular to its shareholders dated 31 October 2006 regarding the
acquisition of Franki Africa (Pty) Limited ("Franki"). The circular included a
revised profit forecast for the combined group after the acquisition for the
period ending 28 February 2007. The revised profit forecast was announced on
SENS on 6 November 2006 ("revised forecast").
Shareholders are advised that Esor is currently finalising its results for the
year ended 28 February 2007 and are advised that Esor`s earnings and headline
earnings per share for the year ended 28 February 2007 is expected to increase
by between 35% and 45% over that of the revised forecast. This financial
information on which this trading statement is based has not been reviewed or
reported on by Esor`s auditors.
The results for the year ended 28 February 2007 are expected to be published on
SENS by the end of May 2007.
10 May 2007
Johannesburg
Designated Advisor
Exchange Sponsors
Date: 10/05/2007 17:00:02 Produced by the JSE SENS Department.
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