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 expects headline earnings per share to be
between 35% and 40% higher for the six months ended 31 March 2010 than the
reported headline earnings per share for the previous corresponding period while
earnings per share are expected to be between 6990% and 7010% higher than the
previous corresponding period.
After excluding the contributions from the businesses disposed of during the
previous financial year, headline earnings per share, from continuing
operations, are expected to be between 95% and 100% higher for the six months
ended 31 March 2010 than the headline earnings per share for the previous
corresponding period (2009: 3.6 cents per share) while earnings per share, from
continuing operations, are expected to be between 540% and 550% higher than the
previous corresponding period (2009: 1.1 cents per share).
The difference between the earnings per share and headline earnings per share,
for continuing operations, relates predominantly to the impairment of goodwill
and intangible assets in the previous corresponding period, totalling some R7.5
million (2.6 cents per share).
The financial information contained in this trading statement has not been
reviewed or reported on by the company`s auditors. It is anticipated that the
results for the six month period ended 31 March 2010 will be published on or
about 19 May 2010.
Johannesburg
6 May 2010
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 06/05/2010 10:27:02 Produced by the JSE SENS Department.
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