Adcorp - Trading Statement For The Six Months Endi
Adcorp - Trading Statement For The Six Months Ending 30 June 2005
Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
(`Adcorp` or `the Company`)
Share code: ADR ISIN: ZAE000000139
TRADING STATEMENT FOR THE SIX MONTHS ENDING 30 JUNE 2005
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa (`JSE Listings Requirements`), companies are required to publish a
trading statement as soon as they become aware that the financial results for
the period to be reported upon next will differ by at least 20% from the
financial results for the previous corresponding period.
Adcorp accordingly advises that for the six months ending 30 June 2005, it is
expecting headline earnings per share to be 20% to 30% above those reported for
the previous corresponding period after allowing for IFRS restatements.
As a result of this, there will be an improvement in IFRS headline earnings per
share to between 81.7 and 88.5 cents and an improvement in IFRS earnings per
share to between 81.7 and 88.5 cents.
The financial results on which this trading statement has been based have not
been reviewed or reported on by the company`s auditors. The financial results of
the company will be published on about 17 August 2005.
2 August 2005
Melville
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Registration number 1996/000034/07)
Date: 02/08/2005 02:48:55 PM
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