Lewis Group Limited - Trading update
Lewis Group Limited
(Formerly Rowmoor Investments 505 (Proprietary) Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2004/009817/06)
JSE share code: LEW ISIN: ZAE000058236
(`Lewis` or the `Company`)
Trading Statement
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa, companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the period to be
reported on next will be more than 20% different from that of the previous
corresponding period.
Lewis advises that both its earnings and headline earnings per share for the for
the year ended 31 March 2005 are expected to be between 38% and 46% higher than
those reported for the previous corresponding period`s earnings and headline
earnings per share of R 2.87 and R 2.88 respectively.
Earnings have benefited from strong volume growth in both furniture and
electrical sectors, a further improvement in the quality of the debtors book and
a reduction in finance costs as a result of the restructuring of the Lewis
balance sheet.
The Lewis Group will announce its year end results on Monday 16 May 2005.
The above information has not been reviewed or reported on by the Company`s
auditors.
Cape Town
28 April 2005
SPONSOR
UBS South Africa (Pty) Ltd
Date: 28/04/2005 10:48:12 AM
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