RBX - Raubex Group Limited - Trading Statement in respect of the year ended 28
RBX
RBX
RBX - Raubex Group Limited - Trading Statement in respect of the year ended 28
February 2011
Raubex Group Limited
(Previously Lexpub 49 Investments Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX ISIN:ZAE000093183
("Raubex" or the "Company")
Trading Statement in respect of the year ended 28 February 2011
Shareholders are advised that Raubex expects its earnings per share and headline
earnings per share for the year ended 28 February 2011 to be between 20% and 30%
lower compared to the corresponding audited period to 28 February 2010. This
translates in both earnings per share and headline earnings per share ranging
between 227 and 260 cents per share.
The main factors influencing the Group`s performance include the persistent
pricing pressures in the roads infrastructure sector generally and resultant
downward effect on margins, as well as the negative impact of the Rand`s
strength on the Zambian operations.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Company`s auditors.
The release of the annual results for the year ended 28 February 2011 is
anticipated to be published on or about 16 May 2011.
Centurion
5 April 2011
Sponsor
Investec Bank Limited
Date: 05/04/2011 15:00:03 Produced by the JSE SENS Department.
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