RLO
RLO
RLO - Reunert Limited - Revised Trading Statement
REUNERT LIMITED
Registration number 1913/004355/06
(Incorporated in the Republic of South Africa)
ISIN: ZAE000057428
JSE Code: RLO
("Reunert" or "the Company")
REVISED TRADING STATEMENT
On 7 August 2009 Reunert issued a trading update providing guidance to
shareholders that earnings per share, headline earnings per share and
normalised headline earnings per share were anticipated to be between 17% and
27% lower than the previous financial year. The expected lower earnings were
due to deteriorating trading conditions and the decline in volumes being
experienced by our operating businesses.
Reunert will be announcing its results for the year ended 30 September 2009
on or about 18 November 2009 and will report normalised headline earnings per
share of between 18% and 23% lower than the previous year.
Basic earnings per share and headline earnings per share will approximate the
earnings achieved in the previous financial year. In 2008, basic earnings and
headline earnings were 650,1 and 651,9 cents per share respectively. This
improvement in basic and headline earnings per share is due to the non-cash
mark to market profit on the put option that Reunert has in respect of its
investment in Nokia Siemens Networks.
The forecast financial information on which this trading statement is based
has not been reviewed and reported on by the Company`s auditors.
Sandton
5 November 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 05/11/2009 13:21:01 Produced by the JSE SENS Department.
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