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`s headline earnings per share are expected to
be between 5% and 10% lower for the year ended 30 September 2008 than the
headline earnings per share for the previous corresponding period while earnings
per share are expected to be between 40% and 45% lower.
The decrease in the earnings per share year on year is predominantly as a
consequence of the once-off profit that arose in the 2007 financial year related
to the creation and unbundling of Argility Limited ("Product Co") which amounted
to R54.8-million net of tax or 20.5 cents per share of the total 57.4 cents
earnings per share reported for the year ended 30 September 2007.
Shareholders are also advised that the financial information provided in this
trading statement in respect of the year ended 30 September 2008 has not been
reviewed and/or reported on by the company`s auditors. It is anticipated that
the results for the year ended 30 September 2008 will be published on or about
25 November 2008.
Johannesburg
12 November 2008
Sponsor:
Barnard Jacobs Mellet Corporate Finance
(Pty) Limited
Date: 12/11/2008 12:00:03 Produced by the JSE SENS Department.
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