COMBINED MOTOR HOLDINGS LIMITED - Trading Statement for the Financial year ended 29 February 2016
CMH 201603230025A
Trading Statement for the Financial year ended 29 February 2016
Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH ISIN: ZAE000088050
(“CMH”)
TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 29 FEBRUARY
2016
In terms of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as
soon as it becomes aware that the financial results for the
next period to be reported on will show a 20% or more
difference from those of the previous corresponding period.
CMH hereby advises that a reasonable degree of certainty
exists that, for the year ended 29 February 2016:
– Headline earnings per share (“HEPS”) is expected to
increase by between 25% and 30%, resulting in a HEPS of
between 243,3 cents and 253,0 cents per share as compared
with 194,6 cents per share for the comparative period; and
– Earnings per share (“EPS”) is expected to increase by
between 35% and 40%, resulting in an EPS of between 219,6
cents and 227,8 cents per share as compared with 162,7
cents per share for the comparative period.
This financial information has not been reviewed and reported
on by the auditors of CMH. The results for the year ended
29 February 2016 are expected to be published on or about
19 April 2016.
Durban
23 March 2016
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
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