CVI
CVI
CVI - Capevin Investments Limited - Trading statement
Capevin Investments Limited
Registration number: 1979/007263/06
JSE share code: CVI
ISIN code: ZAE000136446
("Capevin" or "the company")
TRADING STATEMENT
Capevin`s only significant assets is an effective interest of 29,02% in Distell
Group Ltd ("Distell").
Capevin is currently finalising its results for the six-months ended 31 December
2011, which should be released on or about 28 February 2012.
Based on Distell`s trading statement issued yesterday, shareholders are hereby
advised that Capevin`s earnings per share and headline earnings per share are
likely to be between 20% and 25% higher than that of the corresponding reporting
period last year.
This is largely attributable to an improvement in Distell`s operating profit,
mainly as a result of increased sales volumes and the favourable impact of a
weaker rand against all major currencies.
The forecast financial information on which this trading statement is based, has
not been reviewed or reported on by the company`s auditor.
Stellenbosch
24 January 2012
Sponsor
PSG Capital
Date: 24/01/2012 15:07:01 Produced by the JSE SENS Department.
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