SHF SHFF
SHF SHFF
SHF / SHFF - Steinhoff - Trading Update
STEINHOFF INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration no. 1998/003951/06)
Ordinary share code: "SHF"
ISIN: ZAE000016176
("Steinhoff")
STEINHOFF INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration no. 1954/001893/06)
(a wholly-owned subsidiary of Steinhoff)
Preference share code: "SHFF"
ISIN: ZAE000068367
(collectively "the Group")
Trading Update
In compliance with paragraph 3.4 of the Listings Requirements of the JSE
Limited, a listed company is required to publish a trading statement as soon as
it becomes aware, with a reasonable degree of certainty, that the financial
results for the next period to be reported on will differ by at least 20% from
those of the previous corresponding period.
Accordingly, the Group hereby advises that, for the six months ended 31 December
2007, it expects headline earnings per share to be 20% to 25% above those
reported for the corresponding six month period ended 31 December 2006.
Earnings per share are expected to be 10% to 15% above those reported for the
corresponding six months period ended 31 December 2006, after providing for an
impairment charge relating to the write-down of the carrying value of listed
associated company investment, Amalgamated Appliance Holdings Limited, to its
market value as at 31 December 2007.
The information in this trading statement has not been reviewed nor reported on
by the Group`s auditors.
The unaudited interim financial results of the Group for the six months ended 31
December 2007 are expected to be released on or about 05 March 2008.
Wynberg, Sandton
26 February 2008
Sponsor - PSG Capital (Pty) Limited
Date: 26/02/2008 09:10:14 Produced by the JSE SENS Department.
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