BUILDMAX LIMITED - Buildmax trading statement for the year ended 28 February 2013
BDM 201303050051A
Buildmax trading statement for the year ended 28 February 2013
BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000011250
("Buildmax" or the Company or the Group)
BUILDMAX TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2013
Buildmax is in the process of completing the preparation of its annual results for the year ended
28 February 2013 for release on or about 17 May 2013.
In terms of paragraph 3.4(b) 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 at least 20% (Twenty Percent) from those of the previous
corresponding period.
Accordingly, shareholders are advised that:
- Consolidated earnings per share will improve to between 20.0 to 25.0 cents per share compared to a
loss per share of 3.0 cents (restated for the share consolidation); and
- Headline earnings per share (HEPS) will improve to between 20.0 to 25.0 cents per share
compared to a profit per share of 5.5 cents (restated for the share consolidation).
In calculating the above figures, it should be noted that for comparative purposes, the share consolidation
ratio implemented in January 2013 was applied to the audited 28 February 2012 results and therefore the number
of shares in issue has decreased to 181 300 849.
As previously reported, the Company disposed of all the entities in its construction materials business unit
before the end of the 2012 financial year. The Group has no further risk and reward from this business unit and
is not required to report on results from discontinued operations for the year ended 28 February 2013.
This positive trading statement should be viewed in conjunction with current and future challenges and opportunities
facing the global mining and construction environment as well as the commensurate risks associated with these
industries.
Shareholders are advised that the information included in this announcement has not been reviewed or reported on
by the Company`s auditors.
Benoni
5 March 2013
Sponsor
QuestCo (Pty) Limited
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