DGC
DGC
Digicore Holdings Limited - Trading Statement
DIGICORE HOLDINGS LIMITED
Registration number: 1998/012601/06
Share Code: DGC
ISIN Number: ZAE000016945
("DigiCore")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes aware that the
financial results for the next financial period to be reported on will vary by
20% or more from those of the previous comparable period.
DigiCore hereby advises that a reasonable degree of certainty exists that
earnings and headline earnings per share for the six months ended 31 December
2005 will exceed the comparable earnings and headline earnings per share for the
six months ended 31 December 2004 by between 30% and 40%.
The financial information in this trading statement has not been reviewed or
reported on by DigiCore"s auditors. The results for the six months ended 31
December 2005 are expected to be published on or about 27 February 2006.
This will be the first time that DigiCore is reporting on the IFRS standard as
required by the JSE.
Unit sales through our South African branches increased by 35% from the previous
comparable period driven by the strength of the local economy and our continued
domination of the sector in South Africa, based on our industry leading
technology. This trend is expected to continue for the rest of the financial
year.
Our export markets continue to grow strongly. The number of units exported
increased by 17% with DigiCore Europe B.V., our offshore subsidiary,
contributing 12% of the total income attributable to shareholders.
Our margins improved for the period, due to various factors, including continued
disciplined cost management and the consolidation of the results of DigiCore
Europe.
In December 2005, Trakker Pakistan launched a joint venture in the United Arab
Emirates, which will further increase our sales to the region during 2006.
Pretoria
8 February 2006
Sponsor
PSG Capital Limited
Date: 08/02/2006 08:00:05 AM Produced by the JSE SENS Department
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