GRF
GRF
GRF - Group Five - Trading update
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 earnings per share and headline
earnings per share for the six months ended 31 December 2006 are expected to be
45% to 55% and 70% to 80% higher than those published for the previous
corresponding period of R0.81 and R0.69, respectively (before the effects of
accounting for the BEE ownership transaction as at 30 September 2005). This is
mainly due to an improved operating performance from Construction and to a
lesser extent, Manufacturing.
These forecasts for the six months ended 31 December 2006 have not been reviewed
or reported on by the company`s auditors. The Company`s unaudited results for
the six months ended 31 December 2006 will be published on 16 February 2007.
Enquiries:
Mike Lomas, Group Five CEO 011 806 0245
Paul O`Flaherty, Group Five CFO 011 806 0172
Johannesburg
23 January 2007
Sponsor
Nedbank Capital
Date: 23/01/2007 08:00:01 Produced by the JSE SENS Department.
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