DATATEC LIMITED - TRADING STATEMENT AND CAUTIONARY
DATATEC LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
DATATEC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/005004/06)
(Share code: DTC)
(ISIN: ZAE000017745)
("Datatec" or "the Company")
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
In terms of the revised JSE Listings Requirements a company must publish a
trading statement as soon as it becomes aware that the financial results for the
period to be reported upon next will be materially different from the financial
results from the previous corresponding reporting period. Shareholders are
advised that headline earnings per share for Datatec for the six months ending
31 August 2003 are expected to be substantially lower than the headline earnings
per share for the six months ending 30 September 2002.
Although there has been a better trading performance, mainly due to improvements
in Logical, the primary reason for the anticipated decrease in headline earnings
per share is the rapid appreciation of the Rand.
As the forecast financial information has not been reviewed by the Company"s
auditors, shareholders are advised to exercise caution when dealing in Datatec
securities until the publication of the interim results on or about 4 November
2003.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
