UCS Group Limited - Trading Statement
UCS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002253/06)
JSE code: UCS
ISIN: ZAE000016150
("UCS" or "the company")
TRADING STATEMENT
Shareholders are advised that UCS" headline earnings per share are expected to
be between 20% and 25% higher for the year to 30 September 2005 than the
headline earnings per share for the comparable period last year while earnings
per share are expected to be between 35% and 45% higher than the comparable
period in 2004. The difference between the earnings per share and headline
earnings per share relates predominantly to the treatment of goodwill in the
current financial year where, per IFRS 3, goodwill is no longer amortised on an
annual basis.
As forecast at the interim stage, UCS achieved a significantly stronger
performance in the second half of the year. This was due mainly to the
successful implementation of certain large-scale software projects as well as
bottom line benefits derived from the drive-for-efficiency exercise in the
Software division and solid performances by all units in the Solutions and
Services division.
Shareholders are also advised that the company"s results for the year ended 30
September 2005 have not been reviewed and/or reported on by the company"s
auditors. It is anticipated that the audited results for the year ended 30
September 2005 will be published on or about 22 November 2005
Johannesburg
2 November 2005
Sponsor:
Barnard Jacobs Mellet Corporate Finance
(Pty) Limited
Enquiries
UCS 011 712 1300
Dean Sparrow, CFO 082 494 6803
College Hill 011 447 3030
Johannes van Niekerk 082 921 9110
Date: 02/11/2005 09:10:10 AM Produced by the JSE SENS Department
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