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SPG
SPG
SPG - Super Group Limited - Trading statement
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000011334
("Super Group" or the "Company" or "the Group")
Trading statement
Super Group is scheduled to release its financial results for the six months
ending 31 December 2011 on or about 21 February 2012. In terms of the JSE
Limited Listings Requirements, issuers 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 those of the prior comparative period.
Although the uncertain global economic conditions continue to negatively impact
the industry sectors in which Super Group operates, the Group has seen a firming
in sales volumes across all divisions. The improvement in sales and the
continued stringent control of costs have resulted in a satisfactory improvement
of earnings for the period.
Shareholders are advised that Super Group is expecting to report a consolidated
net profit after taxation for the six months ending 31 December 2011 of between
R256 million and R271 million, resulting in earnings per share ("EPS") of
between 7.5 cents and 8.0 cents, and a headline earnings per share ("HEPS") of
between 7.5 cents and 8.0 cents. This compares with a consolidated net profit
after taxation of R171.6 million which equates to an EPS of 4.7 cents and HEPS
of 4.7 cents for six months ended 31 December 2010.
The Group will not, as was done for the year ended 30 June 2011, report
separately on Discontinued Operations for the 2012 interims and year end, since
this number has become insignificant in relation to overall Group results.
31 December 2011 31 December
2010
Expected Low Expected High Actual
Range Range
EPS 7.5 cents 8.0 cents 4.7 cents
HEPS 7.5 cents 8.0 cents 4.7 cents
Weighted number of shares 3 056 million 3 056 million 3 201 million
The financial information on which this trading statement is based has not been
reviewed or reported on by Super Group`s external auditors.
Sandton
1 December 2011
Sponsor to Super Group: Deutsche Securities (SA) (Proprietary) Limited
Date: 01/12/2011 17:26:53 Produced by the JSE SENS Department.
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