Edcon - Trading Statement and cautionary announcem
Edcon - Trading Statement and cautionary announcement
Edgars Consolidated Stores Limited
"Edcon"
(Reg. No. 1946/022751/06)
(Incorporated in the Republic of South Africa)
Share Code: ECO ISIN Code: ZAE000018388
Trading Statement and cautionary announcement
Retail sales in the Edgars chain and United Retail (incorporating Jet, Sales
House, Cuthberts and Legit) over the past eleven weeks since the last quarterly
trading update, have exceeded the Board"s expectations. As a result, the growth
in headline earnings per share for the full year to March 2004 is now expected
to materially exceed the 73% reported at the interim stage.
As there are only two more trading weeks in the current financial year, this
prospects statement has not been audited and investors are accordingly advised
to trade in the Edcon share with caution. A preliminary announcement detailing
the audited results for the year to March 2004 will be published on 12 May 2004.
Crown Mines, Johannesburg
15 March 2004
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