| Thu 8 Nov 2018, 10:10 | | BARLOWORLD LIMITED - Trading Statement Update - BIBAW |
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Trading Statement Update - BIBAW
Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Income Tax Registration number 9000/051/71/5)
(Bond issuer code: BIBAW)
("Barloworld" or the "company"")
Updated trading statement
Shareholders are referred to the trading statement released on SENS earlier today on the 8th of
November 2018, which gave guidance that the company expects earnings per share (EPS), including
both continuing and discontinued operations, for the year ended 30 September 2018 to be between
30%-40% higher than the reported EPS for the previous year ended 20 September 2017 of 779.6
cents. This guidance, however, excluded the profit on sale of Equipment Iberia and related recycling
of foreign exchange gains arising from the disposal, which should have been taken into account.
The company is therefore issuing revised EPS guidance, taking the aforementioned into account:
Barloworld expects EPS, including both continuing and discontinued operations, for year ended 30
September 2018 to be between 130%-140% higher than the reported EPS for the previous year ended
30 September 2017 of 779.6 cents. This translates to an expected EPS range of between
1,793.1 cents and 1,871.0 cents for the period.
All other guidance remains unchanged.
Sandton
8 November 2018
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 08/11/2018 10:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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