IDE- Ideco Group Limited - Trading update for the six months ended
IDE
IDE
IDE- Ideco Group Limited - Trading update for the six months ended
29 February 2012
Ideco Group Limited
Incorporated in the Republic of South Africa
Registration number 2001/023463/06
Share code: IDE
ISIN code: ZAE000107579
("Ideco " or the "Company")
TRADING UPDATE FOR THE SIX MONTHS ENDED 29 FEBRUARY 2012
In terms of the JSE Limited Listings Requirements, 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 will differ by more than 20%
from that of the previous corresponding period.
Shareholders are advised that the earnings per share will be approximately 2,74
cents per share for the six months ended 29 February 2012 compared to loss per
share of 0,54 cents per share for the six months ended 28 February 2011.
Similarly, the headline earnings per share is expected to be approximately 0,68
cents per share for the six months ended 29 February 2012 compared to the
headline loss of 0,54 cents per share for the six months ended 28 February 2011.
The financial information on which this trading statement is based has not been
reviewed and reported upon by the company`s auditors. The company`s results for
the six months period ended 29 February 2012 are expected to be published on or
about 30 May 2012.
Bryanston
18 May 2012
Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 18/05/2012 15:36:03 Produced by the JSE SENS Department.
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