CIL - Consolidated Infrastructure Group Limited - Trading Statement
CIL
CIL
CIL - Consolidated Infrastructure Group Limited - Trading Statement
Consolidated Infrastructure Group Limited
(Formerly Buildworks Group Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
Share code: CIL ISIN: ZAE000148201
("CIG" or "the company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they are satisfied that a reasonable
degree of certainty exists that the financial results for the period to be
reported upon next will differ by at least 20% from the financial results for
the previous corresponding period.
Accordingly, shareholders are advised that, for the year ended 31 August 2011,
CIG anticipates:
- basic earnings per share to be between 20% and 25% higher than the 79.85
cents earned in the previous corresponding period; and
- fully diluted basic earnings per share to between 40% and 45% higher than
the 67.45 cents earned in the previous corresponding period.
CIG anticipates:
- basic headline earnings per share to be between 2% and 7% lower than the
105.24 cents earned in the previous corresponding period; and
- fully diluted headline earnings per share to between 10% and 15% higher
than the 88.90 cents earned in the previous corresponding period.
Headline earnings for the previous corresponding period included a once off fair
value adjustment of R21.8 million.
The information on which this trading statement has been based has not been
reviewed or reported on by the company`s auditors.
The financial results for the year ended 31 August 2011 are expected to be
released on SENS on about 27 October 2011.
20 October 2011
Sponsor
Java Capital
Date: 21/10/2011 08:00:11 Produced by the JSE SENS Department.
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