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Trading statement
TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor”)
TRADING STATEMENT
Shareholders are advised that earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the six months ended 30 June 2012 are expected to be within the ranges set out below:
Six months ended 30 June 2012 Expected | Six months ended 30 June 2011 Actual | |
Adjusted HEPS (which excludes net unrealised foreign exchange gains on translation of long-term receivables) | 250,0 -265,0 | 209,7 |
HEPS | 250,0 -265,0 | 219,3 |
Basic EPS | 250,0 -265,0 | 217,9 |
Basic EPS, HEPS and adjusted HEPS for the six months ended 30 June 2011 included gains of 32,9 cents arising on the sale of containers from a non-recurring transaction.
The financial information on which this trading statement is based has not been reviewed and reported on by Trencor’s independent auditors. The unaudited interim results in respect of the six months ended 30 June 2012 are expected to be published on SENS on or about 16 August 2012.
On behalf of the Board
NI Jowell Chairman
07 August 2012
Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)