CSB
CSB
CSB - Cashbuild Limited - Trading Update
CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB & ISIN: ZAE000028320
("Cashbuild" or "the company")
TRADING UPDATE
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are reasonably certain that the
financial results for the current reporting period will be more than 20%
different than that of the prior corresponding period.
In light of the above, Cashbuild expects to announce that statutory headline
earnings per share and earnings per share for the half year ended 31 December
2010 are expected to be 20% to 25% lower than those of the prior half year.
However when excluding the once-off effect of the BEE repurchase of shares and
subsequent distribution to Trust beneficiaries, adjusted headline earnings per
share and adjusted earnings per share for the half year ended 31 December 2010
are expected to be 40% to 50% higher than those of the prior half year.
The above information has not been reviewed or reported on by the company`s
auditors and the company`s results for the half year ended 31 December 2010 are
expected to be published on or about 29 March 2011.
Johannesburg
24 March 2011
Sponsor
Nedbank Capital
Date: 24/03/2011 16:40:01 Produced by the JSE SENS Department.
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