MDC - Medi-Clinic - Trading statement - unaudited group results for the year
MDC
MDC
MDC - Medi-Clinic - Trading statement - unaudited group results for the year
ended 31 March 2010
MEDI-CLINIC CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1983/010725/06)
(Share code: MDC)
(ISIN: ZAE000074142)
("Medi-Clinic" or "the Company")
TRADING STATEMENT - UNAUDITED GROUP RESULTS FOR THE YEAR ENDED 31 MARCH 2010
In terms of the JSE Limited ("JSE") Listings Requirements, companies are
required to publish a trading statement as soon as they are satisfied that a
reasonable degree of certainty exists that the financial results for the
period to be reported upon next will differ by at least 20% from that of the
previous corresponding period. Medi-Clinic is in the process of finalising
its results for the financial year ended 31 March 2010, which are due to be
released on SENS on 26 May 2010 and published in the press on 27 May 2010.
Accordingly, shareholders are advised that the Company`s basic earnings per
share ("EPS") and basic headline earnings per share ("HEPS") for the
financial year ended 31 March 2010 are expected to be between 60% and 70%
higher than that reported for the previous corresponding reporting period.
In order to provide clear and relevant reporting to shareholders, the Company
will also refer to the concepts of core EPS and core HEPS. Core EPS and core
HEPS are defined as reportable EPS and HEPS in terms of accounting standards,
excluding one-off items, details of which will be provided in the SENS
release on 26 May 2010.
The one-off items are included in the EPS and HEPS above. Excluding the one-
off items, the core EPS and core HEPS for the financial year ended 31 March
2010 are expected to be between 30% and 40% higher than the EPS and HEPS
reported for the previous corresponding reporting period.
The financial information on which this trading statement is based has not
been reviewed and reported on by the Company`s external auditors.
Stellenbosch
7 May 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 07/05/2010 12:56:01 Produced by the JSE SENS Department.
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