KDV - Kaydav Group Limited - Trading statement for the year ended 31 DECEMBER
KDV
KDV
KDV - Kaydav Group Limited - Trading statement for the year ended 31 DECEMBER
2010
KAYDAV GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 2006/038698/06)
JSE code: KDV & ISIN: ZAE000108940
("KayDav" or "the company")
TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2010
In terms of the Listings Requirements of the JSE Limited ("JSE Listings
Requirements"), companies are required to publish a trading statement as soon
as they become aware that the financial results for the period to be reported
upon next will differ by at least 20% or more from the financial results for
the previous corresponding period.
The group accordingly advises shareholders that it is expecting headline
earnings per share of between 3.8 and 4.0 cents compared to headline earnings
per share of 2.3 cents for the year ended 31 December 2009. Earnings per
share of between 3.2 and 3.4 cents per share are expected, compared to 2.3
cents for the previous corresponding period.
Earnings are expected to be in line with the previous year`s R6 505 388,
while headline earnings are expected to be between 16% and 19% above the R6
541 413 reported for the year ended 31 December 2009. The company repurchased
52 548 900 KayDav ordinary shares between 1 January 2010 and 31 December
2010.
The financial information on which this trading statement is based has not
been audited or reviewed by the company`s auditors.
The financial results for the year ended 31 December 2010 will be published
on SENS by no later than 31 March 2011.
18 March 2011
Sponsor
Java Capital
Date: 18/03/2011 12:46:00 Produced by the JSE SENS Department.
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