WES
WES
WES - Wesco Investments Limited - Trading Statement
Wesco Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/005871/06)
JSE share code: WES ISIN: ZAE000007928
("the group" or "the company")
TRADING STATEMENT
Shareholders are advised that, in respect of the twelve months ended
31 March 2007, as compared to the previous corresponding period
- basic earnings per share are expected to increase by 15%;
- headline earnings per share are expected to decrease by 25%, and
- adjusted headline earnings per share are expected to decrease by 52%.
Headline earnings represent Basic Earnings excluding the group`s profit on
disposal of its interest in Metair Investments Limited, as announced during
December 2006.
Adjusted headline earnings represent Headline Earnings excluding recognised
retirement benefit fund surpluses. The group and its associate Toyota South
Africa (Pty) Ltd have recognised such surpluses for the first time in their
results for the year under review.
This information has not been reviewed or reported on by the auditors of the
company.
The results for the year ended to 31 March 2007 are expected to be released on
SENS after close of trading on the JSE Limited on Thursday, 7 June 2007 and
published in the press on Friday, 8 June 2007.
By order of the board
Johannesburg
31 May 2007
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
(Registration number 2006/033725/07)
Date: 31/05/2007 17:00:01 Produced by the JSE SENS Department.
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