IWE 201503040049A
Trading Update
Interwaste Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/037223/06)
JSE code: IWE
ISIN:ZAE000097903
(“Interwaste” or “the Group”)
TRADING UPDATE
In accordance with paragraph 3.4 of the Listings Requirements
of the JSE Limited, a company is required to publish a trading
statement as soon as it becomes aware, with a reasonable
degree of certainty, that the financial results for the next
period to be reported on are likely to vary by more than 20%
from those for the previous corresponding period.
Further to the Trading Update released on SENS on 27 January
2015, Shareholders are advised that for the year ended 31
December 2014 the Group expects:
- earnings per share (“EPS”) of between 10.00 and 11.50
cents, which is between 31% and 51% higher than the EPS of
7.61 cents for the previous period;
- diluted EPS of between 10.00 and 11.50 cents, which is
between 32% and 52% higher than the diluted EPS of 7.56
cents for the previous period;
- headline earnings per share (“HEPS”) of between 10.28 and
11.50 cents, which is between 17% and 34% higher than the
HEPS of 8.56 cents for the previous period; and
- diluted HEPS of between 10.28 and 11.50 cents, which is
between 20% and 35% higher than the diluted HEPS of 8.50
cents for the previous period.
The financial information on which this trading statement is
based has not been reviewed or reported on by the Group’s
auditors.
The Group’s consolidated financial results for the year ended
31 December 2014 will be released on SENS on or before 31
March 2015
Germiston
4 March 2015
Designated Adviser
Grindrod Bank Limited
Date: 04/03/2015 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
