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BRIKOR LIMITED - Trading update

Release Date: 13/06/2019 10:48
Code(s): BIK     PDF:  
Wrap Text
Trading update

BRIKOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/013247/06)
(Share Code: BIK ISIN Code: ZAE000101945)
(“Brikor” or “the Company” or “the group’’)


Trading update

In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are required to
publish a trading statement as soon as a reasonable degree of certainty exist that the financial results for the
period to be reported on will differ by at least 20% from the previous corresponding period.

A review by management of the financial results for the year ended 28 February 2019 has indicated, with a
reasonable degree of certainty, the following results as compared to the prior period:

                                      28 February 2019        28 February 2018       Change
                                      Range                   Actual
Basic earnings per           share    1.20 – 1.40             1.2
(cents)
 Continuing operations                0.50 - 0.70             2.3                    (70% - 78% )
 Discontinued operations              0.60 - 0.80             (1.1)                  Greater than 100%

Headline earnings per share           0.6 – 0.8               1.2
(cents)
 Continuing operations                0.50 - 0.70             2.4                    (71% - 79%)
 Discontinued operations              0.05 - 0.15             (1.2)                  Greater than 100%


The financial information on which this trading statement is based has not been reviewed or reported on by
Brikor’s auditors. The Company’s financial results for the year ended 28 February 2019 are expected to be
released by the end of June 2019.


13 June 2019
Nigel

Designated adviser
Exchange Sponsors

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