IDE
IDE
IDE - Ideco Group Limited - Trading statement
Ideco Group Limited
Incorporated in the Republic of South Africa
Registration number 2001/023463/06
Share code: IDE
ISIN code: ZAE000107579
("Ideco" or "the company")
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they become reasonably certain that the
financial results for the period to be reported on will differ by more than 20%
from that of the previous corresponding period. Ideco is currently finalizing
results for the year ended 31 August 2010.
Shareholders are advised that the loss per share will be approximately 3,41
cents per share compared to a loss of 5,98 cents per share for the year ended
31 August 2009. The headline loss per share will be approximately 3,39 cents per
share for the year ended 31 August 2010 compared to the headline loss of 5,69
cents per share for the year ended 31 August 2009.
The directors believe that a solid foundation has been laid for long-term
sustainable growth and remain confident of the company`s growth prospects.
The financial information on which this trading statement is based has been
reviewed by the company`s auditors.
30 November 2010
Fourways
Designated Advisor to the company
QuestCo Sponsor (Pty) Ltd
Date: 30/11/2010 17:09:02 Produced by the JSE SENS Department.
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