Group Five Limited - Trading statement
Group Five Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/000032/06)
Share code: GRF ISIN: ZAE000027405
("Group Five" or "the company")
TRADING STATEMENT
Group Five shareholders are advised that headline earnings per share ("HEPS")
and earnings per share ("EPS") for the six months ended 31 December 2005 are
expected to exceed those published for the previous corresponding period (as
adjusted for the adoption of International Financial Reporting Standards
("IFRS")). The impact of IFRS on previously reported HEPS and EPS adjust
downwards, is less than 5%.
After the strong base created in the second half of the financial year 2005 and
on the back of continued strong growth in a buoyant construction market,
earnings growth is expected for the six months to 31 December 2005. HEPS is
expected to increase by between 30%-40% and EPS between 15%-25% for the six
months to 31 December 2005 when compared to the six months to 31 December 2004.
These forecasts for the six months to December 2005 have not been reviewed or
reported on by the company"s auditors. The Company"s results for the six months
ended 31 December 2005 are expected to be published on or about 15 February
2006.
Enquiries:
Mike Lomas, Group Five CEO 011 806 0245
Paul O"Flaherty, Group Five CFO 011 806 0172
Johannesburg
15 December 2005
Sponsor
Nedbank Capital
Date: 15/12/2005 04:31:19 PM Produced by the JSE SENS Department
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