MIX
MIX
MIX - MiX Telematics Limited - Trading statement
MiX Telematics Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/013858/06)
JSE Code: MIX
ISIN: ZAE000125316
("the company")
TRADING STATEMENT
The financial results of the company and it`s subsidiaries ("the Group") for the
six months ended 30 September 2008 will be published on SENS on or about 24
November 2008.
The group`s comparative financial results for the six months ended 30 September
2007 are before its acquisition of the Omnibridge RSA and Datatrak UK businesses
(effective 1 October 2007) and its listing on the JSE (on 12 November 2007) and
provide no meaningful basis of comparison against the financial results for the
six months ended 30 September 2008.
Accordingly, this trading update is in respect of the expected reviewed
financial results for the six months ended 30 September 2008 compared to
the pro-forma comparative financial information for the period ended 30
September 2007 as contained in the company`s published interim
financial results announcement for that period.
The company accordingly advises that it expects:
- Earnings per share ("EPS") to be between 40% and 45% above the
proforma EPS of 4.0 cents reported for the prior comparative period;
- Headline earnings per share ("HEPS")to be between 40% and 45% above
the pro-forma HEPS of 3.8 cents reported for the prior comparative period;
and
- Adjusted headline earnings per share ("adjusted HEPS")to be between 10%
and 15% above the pro-forma adjusted HEPS of 5.9 cents reported for the
prior comparative period
The information on which the above trading statement is based has not been
reviewed or reported on by the company`s auditors.
20 November 2008
Sponsor
Java Capital (Proprietary) Limited
Date: 20/11/2008 11:04:01 Produced by the JSE SENS Department.
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