ADR - Adcorp - Trading Statement for the year ende
ADR
ADR
ADR - Adcorp - Trading Statement for the year ended 31 December 2006
Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
("Adcorp" or "the company")
Share code: ADR & ISIN: ZAE000000139
TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2006
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become aware that the financial
results for the period to be reported upon next will differ by at least 20% from
the financial results for the previous corresponding period.
Adcorp accordingly advises that for the year ended 31 December 2006, it is
expecting headline earnings per share to be 19% to 23% above those reported for
the previous corresponding period while earnings per share is expected to be 55%
to 60% above those reported for the previous corresponding period.
As a result of this, there will be an improvement in headline earnings per share
to between 232 and 240 cents and an improvement in earnings per share to between
242 and 250 cents.
The financial results on which this trading statement has been based have not
been reviewed or reported on by the company`s auditors. The financial results of
the company will be published on 7 March 2007.
28 February 2007
Bryanston
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Registration number 1996/000034/07)
Date: 28/02/2007 11:48:00 Produced by the JSE SENS Department.
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