Datatec Limited - Earnings update for the six months ended 31 August 2005
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/005004/06)
(Share code: DTC)
(ISIN: ZAE000017745)
("Datatec" or "the Company")
EARNINGS UPDATE FOR THE SIX MONTHS ENDED 31 AUGUST 2005
Datatec is currently finalising its unaudited financial results for the six
months ended 31 August 2005 ("the Period"), which are expected to be released on
26 October 2005.
In this regard, shareholders are advised that headline earnings per share of
between 11 and 12 US cents are likely for the Period, compared to headline
earnings of 0.1 US cents per share for the six months ended 31 August 2004.
Datatec"s overall financial performance improved during the Period on both a
sequential and comparative basis to previously reported full year and half year
results. Trading in all the major subsidiaries improved.
Attributable earnings per share are likely to be between 9 and 10 US cents per
share for the Period, compared to attributable earnings of 39.98 US cents per
share for the six months ended 31 August 2004. The results for the six months
ended 31 August 2004 included exceptional profits realised on the sale by
Logicalis Group Limited of its Asia Pacific subsidiaries.
The forecast financial information on which this trading statement is based has
not been reviewed and reported on by the Company"s auditors.
Sandton
4 October 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/10/2005 05:10:11 PM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
