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BDM
BDM
BDM - Buildmax Limited - Trading Statement
BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000011250
("Buildmax" or "the Group")
BUILDMAX TRADING STATEMENT
Buildmax is in the process of completing the preparation of its results for the
year ended 29 February 2012 for release on or about 25 May 2012.
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited,
companies are required to publish a trading statement as soon as they become
reasonably certain that the financial results for the period to be reported on
next will differ by at least 20% from those of the previous corresponding
period.
Accordingly, shareholders are advised that:
* There has been a positive turn around in Continuing Operations, resulting in
an improvement in Earnings per share ("EPS") of between 0.86 to 1.75 cents. In
2011 continuing operations recorded a loss per share of 9.0 cents.
* Headline earnings per share ("HEPS") for Continuing Operations has improved to
a profit of between 0.42 to 0.69 cents per share. In 2011 continuing operations
recorded a headline loss per share of 2.7 cents.
* The loss per share for Discontinued Operations has improved to a loss of
between 1.91 to 1.37 cents per share. In 2011 discontinued operations recorded a
basic loss per share of 5.3 cents.
* Headline Loss per share for Discontinued Operations has improved to a loss of
between 0.51 to 0.34 cents per share. In 2011 discontinued operations recorded a
headline loss per share of 1.7 cents.
* The consolidated EPS has improved to between a loss of 1.05 cents per share
and a profit of 0.38 cents per share. In 2011 the Group recorded a basic loss
per share of 14.3 cents.
* The consolidated HEPS has improved to between a loss of 0.09 cents per share
and a profit of 0.35 cents per share. In 2011 the Group recorded a headline loss
per share of 4.4 cents.
As announced on SENS on 2 February 2012, 17 February 2012 and 9 March 2012,
Buildmax has successfully disposed of all discontinued operations.
Shareholders are advised that the information included in this announcement has
not been reviewed or reported on by the Company`s auditors.
15 March 2012
Sponsor
QuestCo (Pty) Limited
Date: 15/03/2012 14:54:01 Produced by the JSE SENS Department.
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employees and agents accept no liability for (or in respect of) any direct,
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