| Fri 15 May 2026, 12:50 | | STEFANUTTI STOCKS HOLDINGS LIMITED - Trading Statement |
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Trading Statement
Stefanutti Stocks Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/003767/06)
(Share code: SSK ISIN: ZAE000123766)
(Main Board – General Segment)
(Stefanutti Stocks or the group)
TRADING STATEMENT
In terms of paragraph 6.26 of the Listings Requirements of the JSE Limited, the board of directors of Stefanutti
Stocks hereby provides shareholders with a trading update of the group's results for the year ended 28
February 2026.
As mentioned in previous announcements, the disposal of SS-Construcoes (Mocambique) Limitada and
Stefanutti Stocks Construction Limited (the Sale Transactions) was implemented on 12 December 2025.
Consequently, the results for the current and comparative prior period reflect continuing and discontinued
operations in accordance with International Financial Reporting Standards.
With respect to the Kusile Power Project, as stated in previous announcements, Stefanutti Stocks and
Eskom signed a full and final settlement agreement on 24 November 2025 for an amount of R580 million.
This settlement is recognised net of related costs and taxation, resulting in a net profit after tax of R492
million.
In respect of continuing operations, earnings per share is expected to reflect a profit of between 362,41 cents
and 387,41 cents per share, representing an improvement of between 190% and 210% on the earnings per
share of 124,97 cents per share for the comparative prior period. Similarly, headline earnings per share is
expected to reflect a profit of between 369,13 cents and 394,16 cents per share representing an improvement
of between 195% and 215% on the profit of 125,13 cents per share for the comparative prior period.
In respect of total operations (comprising both continuing and discontinued operations), earnings per share is
expected to reflect a profit of between 361,56 cents and 377,28 cents per share representing an improvement
of between 360% and 380% on the earnings per share of 78,60 cents per share for the comparative prior
period. Similarly, total headline earnings per share is expected to reflect a profit of between 349,95 cents and
371,82 cents per share representing an improvement of between 220% and 240% on the profit of 109,36 cents
per share for the comparative prior period.
The financial information on which this trading statement is based has not been reviewed or reported on by
the group's auditors.
The release of the results for the year ended 28 February 2026 is anticipated to be published on 26 May 2026.
Johannesburg
15 May 2026
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 15-05-2026 12:50:00
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