HDC - Hudaco - Trading statement for the year ended 30 November 2008
HDC
HDC
HDC - Hudaco - Trading statement for the year ended 30 November 2008
Hudaco Industries Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1985/004617/06)
Share Code: HDC & ISIN: ZAE000003273
("Hudaco" or "the company")
TRADING STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2008
NORMALISED HEPS UP BETWEEN 30% AND 35%
HEPS UP BETWEEN 50% AND 60%
Hudaco announces that it expects normalised headline earnings per share for the
year ended 30 November 2008 to be between 30% and 35% higher than the 750 cents
per share reported for the year ended November 2007.
Both basic and headline earnings per share for the year ended 30 November 2008
are expected to be 50% to 60% higher than the 605 cents reported for the
corresponding period in 2007. The 2007 basic and headline earnings included a
non-recurring charge of some 130 cents per share relating to the introduction of
BEE shareholders in the group`s major operating company.
This trading statement has not been reviewed or reported on by Hudaco`s
independent auditors and is based on unaudited information available at the time
of publication.
Hudaco`s audited results for the year ended 30 November 2008 are expected to be
published on or about 30 January 2009.
By order of the board
18 December 2008
Sponsor
Nedbank Capital
Date: 18/12/2008 15:32:20 Produced by the JSE SENS Department.
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