KEL - Kelly group limited - Trading statement for the year ended 30 September
KEL
KEL
KEL - Kelly group limited - Trading statement for the year ended 30 September
2011
KELLY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/026249/06)
Share code: KEL
ISIN: ZAE000093373
("Kelly Group")
TRADING STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2011
Kelly Group wishes to advise shareholders that headline earnings per share is
expected to decrease to between 6.9 cents and 12.6 cents when compared to the
same corresponding reporting period (2010: 28.4 cents).
Kelly Group expects to recognise impairment losses of approximately R34.0
million for the year ended 30 September 2011, in relation to intangible assets,
therefore earnings per share is expected to decrease to between -28.3 cents
and -22.6 cents for the year to September 2011 when compared to that of the
previous corresponding reporting period (2010: 28.4 cents).
The financial information on which this trading statement is based has not
been reviewed and reported on by Kelly Group`s external auditors.
Sandton
23 August 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 23/08/2011 08:30:04 Produced by the JSE SENS Department.
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