SPS
SPS
SPS - Spescom Limited - Trading statement
SPESCOM LIMITED
(Incorporated in the Republic of South Africa)
(Reg No 1987/001083/06)
Share Code: SPS & ISIN: ZAE000017919
("Spescom")
TRADING STATEMENT
Shareholders are advised that it is reasonably anticipated that Spescom`s
headline earnings for the year ended 30 September 2007 will be between R4,4m
and R5,3m which translates into HEPS of between 6,1 cents per share and 7,3
cents per share. This compares favourably with the headline loss per share of
24,9 cents for the 2006 financial year. Earnings for the year after taking
into account the profit on sale of investment is expected to range between
R20,9m and R25,1m with EPS ranging between 28,9 cents per share and 34,7 cents
per share.
The improved trading position can be attributed to consistent growth being
achieved across all divisions. The commencement of the roll-out of contracts
in the telecommunications sector has also added to this momentum.
This forecast has not been reviewed or reported on by Spescom`s auditors. The
release of the results for the year ended 30 September 2007 is expected to be
published on or about 22 November 2007.
Johannesburg
24 October 2007
Sponsor: Investec Bank Limited
Date: 24/10/2007 15:05:01 Produced by the JSE SENS Department.
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