The House of Busby Limited - Trading Statement
THE HOUSE OF BUSBY LIMITED
(Reg. No: 1997/009173/06)
Share Code: BSB ISIN: ZAE000013637
(`Busby`)
Trading statement
In terms of the Listings Requirements for the JSE Securities Exchange South
Africa (`the JSE Listings Requirements`) 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 differ by at least 20% from those of the
previous corresponding period.
The House of Busby Limited`s shareholders are hereby notified that its earnings
and headline earnings per share for the six months ended 31 December 2004 are
expected to be between 70% and 90% higher than those reported for the 6 months
ended 31 December 2003.
Whilst the gross margins remained under pressure due to the extremely
competitive retail environment, revenue has increased substantially resulting in
the expected increase in earnings and headline earnings per share.
This trading update forecast has not been reviewed or reported on by Busby`s
auditors. The publication of the interim results of the company for the 6 month
period ending 31 December 2004 is scheduled for 24 February 2005.
28 January 2005
Sponsor:
Investec Bank Limited
Date: 28/01/2005 11:45:03 AM
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