Elb Group Limited - Trading Statement
ELB Group Limited
(Registration number 1930/002553/06)
Ordinary Shares: Share code: ELR & ISIN: ZAE000035101
Preference Shares: Share code: ELRP & ISIN: ZAE000035333
(`ELB` or `the Company`)
TRADING STATEMENT
ELB is currently finalising its results for the year ended 30 June 2005 in terms
of International Financial Reporting Standards (`IFRS`), which will be released
before the end of September 2005. In this regard, shareholders are advised that
headline earnings per share (`HEPS`) will be approximately 40% lower than that
reported in the corresponding reporting period of the previous year.
The percentage difference in HEPS is largely attributable to the loss of
earnings arising from the disposal of ELB McWade Electrical and the change in
accounting policy from Generally Accepted Accounting Practice (`GAAP`) to IFRS.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Company`s auditors.
Boksburg
20 September 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 20/09/2005 03:14:05 PM
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