Investec Limited and Investec plc - Trading statem
Investec Limited and Investec plc - Trading statement
Investec Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/002833/06)
Share code: INL ISIN code: ZAE000040531
(`Investec` or the `group`)
Investec plc
(Incorporated in the United Kingdom)
(Registration number 3633621)
Share code: INP ISIN code: GB0031773103
(`Investec` or the `group`)
Trading statement
Investec to report strong performance for 2005 financial year
Outlook positive across all geographies and key business areas for 2006
Investec is currently finalising its results for the year to 31 March 2005,
which will be released on 19 May 2005.
The group is pleased to report to shareholders that earnings per share (before
exceptional items and goodwill amortisation) for the year ended 31 March 2005 is
likely to be in the range of 135 pence to 143 pence. This compares to the 103.8
pence reported for the year ended 31 March 2004.
Operating fundamentals continue to show positive trends with a strong
performance from all of key business areas and geographies. The group looks
forward to 2006 with confidence.
Note:
The forecast financial information on which this statement is based has not been
reviewed and reported on by the group`s auditors. These disclosures are made in
terms of paragraph 3.4 (b)(i) of the JSE Securities Exchange South Africa
Listings Requirements which requires companies to publish a trading statement as
soon as they are satisfied that the results for the period to be reported on
next will differ by at least 20% from the previous corresponding period.
For further information please contact:
Investor Relations
Ursula Munitich
+27 11 286 7184
investorrelations@investec.co.za
About Investec
Investec is an international specialist banking group that provides a diverse
range of financial products and services to a niche client base in three
principal markets, the United Kingdom, South Africa and Australia as well as
certain other countries. The group was established in 1974 and currently has
approximately 4 200 employees.
Investec focuses on delivering distinctive profitable solutions for its clients
in five core areas of activity namely, Private Client Activities, Treasury and
Specialised Finance, Investment Banking, Asset Management and Property
Investment Banking and Asset Management.
In July 2002 the Investec group implemented a dual listed company structure with
listings on the London and Johannesburg Stock Exchanges. Management and staff
own approximately 20% of the equity share capital of the group.
At 30 September 2004, total shareholders` funds were GBP765 million, third party
assets under management were GBP36 billion and core loans and advances were
GBP5.5 billion. The combined group`s current market capitalisation is
approximately GBP1.8 billion.
Sandton
7 April 2005
Sponsor:
Investec Bank Limited
Date: 07/04/2005 08:05:38 AM
Produced by the JSE SENS Department
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.
