News
Further trading statement – year ended 31 December 2018
TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor”)
FURTHER TRADING STATEMENT – YEAR ENDED 31 DECEMBER 2018
Shareholders are referred to the trading statement published on the Stock Exchange News Service (“SENS”) on 28 January 2019 wherein it was advised that Trencor’s basic earnings per share for the year ended 31 December 2018 were expected to be between 1 255 and 1 290 cents per share. In addition, it was advised that Trencor’s headline loss per share was expected to be between 1 850 and 1 880 cents per share.
Shareholders are now advised that Trencor’s basic earnings per share and headline loss per share are expected to be within the ranges set out below:
|
2018 |
2017 |
||
|
31 December |
31 December |
||
| Expected | Actual | ||
| Cents | Cents | ||
|
Basic earnings/(loss) per share |
1 595 – 1 630 | (181,5) | |
|
Headline (loss)/earnings per share |
(1 800) – (1 830) | 149,4 | |
The financial information on which this further trading statement is based has not been reviewed nor reported on by Trencor’s independent auditors.
The reviewed provisional financial results for the year ended 31 December 2018, including an updated net asset value calculation, are expected to be published on SENS on or about 29 March 2019.
On behalf of the Board
Hennie van der Merwe
Chief Executive Officer
27 March 2019
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)