ELR ELRP
ELR
ELR/ELRP - ELB Group Limited - Trading Statement
ELB Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1930/002553/06)
Ordinary Shares: Share code: ELR ISIN: ZAE000035101
Preference Shares: Share code: ELRP ISIN: ZAE000035333
("ELB", "ELB Group" or "the Company")
TRADING STATEMENT
ELB is currently finalising its results for the six months ended 31 December
2011, which should be released on SENS on or about Wednesday, 14 March 2012.
In this regard, shareholders are advised that attributable comprehensive income
for the period is expected to be R29,1 million (December 2010: R36,3 million),
a decrease of 20%. Basic headline earnings per share and basic earnings per
share are likely to be 53 cents (December 2010: 140 cents) and 57 cents
(December 2010: 140 cents) per share respectively.
The ELB Group will from time to time experience volatility in headline earnings
particularly during periods of significant exchange rate fluctuations. These
fluctuations give rise to unrealised profits or losses which experience has
shown usually reverse before or on the eventual sale of the relevant equipment.
Shareholders are advised that the financial information on which this trading
statement is based has not been reviewed and reported on by the Company`s
external auditors.
Boksburg
8 March 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/03/2012 15:53:01 Produced by the JSE SENS Department.
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