BLUE LABEL TELECOMS LIMITED - Trading statement for the six months ended 30 November 2015
BLU 201602100013A
Trading statement for the six months ended 30 November 2015
Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(“Blue Label” or “the company”)
Trading statement for the six months ended 30 November 2015
Shareholders are referred to the trading statement that was released on 11 December 2015 and are
now advised that the company is in the process of finalising its results for the six months ended 30
November 2015. The table below illustrates the ranges anticipated against the comparative period:
Earnings per share Earnings per share Cents
Reported Range Increase to Percentage
November 2014 November 2015 November 2015 Increase
Earnings per share 42.79c 51.78c - 53.49c 8.99c - 10.70c 21% - 25%
Headline earnings per share 42.73c 52.55c - 54.27c 9.82c - 11.54c 23% - 27%
Core eanings per share 44.47c 53.36c - 54.70c 8.89c - 10.23c 20% - 23%
Core earnings represent the actual earnings of the group after adjusting for the amortisation of
intangible asset write offs net of taxation and minorities as a consequence of purchase price
allocations in terms of IFRS requirements. Core earnings reflect the underlying financial performance
of the group.
The increase in earnings is predominantly attributable to organic growth, underpinned by a hybrid of
an expanded customer base supported by an enhanced bouquet of products and services afforded
to it. In addition the company has continued to confine operational costs.
The financial information on which this trading statement is based has not been reviewed or
reported on by the company's auditors.
The results are scheduled for release on Wednesday, 24 February 2016.
Sandton
10 February 2016
Sponsor: Investec Bank Limited
Date: 10/02/2016 01:15:00 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.
