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METROFILE HOLDINGS LIMITED - Trading Statement

Release Date: 28/08/2019 08:43
Code(s): MFL     PDF:  
Wrap Text
Trading Statement

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
("Metrofile" or "the Company")

TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2019


In terms of paragraph 3.4(b) of the JSE Limited Listings
Requirements, listed companies are required to publish a
trading statement as soon as the board of directors is
satisfied that a reasonable degree of certainty exists that
the financial results for the period to be reported on next
will vary by 20% or more when compared to those of the
previous corresponding reporting period.

Metrofile is in the process of finalising its financial
results for the year ended 30 June 2019, expected to be
announced on the Stock Exchange News Service on or about 9
September 2019.

Metrofile    shareholders are advised that normalised headline
earnings    per share (“NHEPS”), headline earnings per share
(“HEPS”)    and earnings per share (“EPS”) will differ when
compared    to the previously reported corresponding period as
follows:

                    12 months to   12 months to        Variance
                    30 June 2019   30 June 2018
                        Expected         Actual
                         (cents)        (cents)

NHEPS               30.0 to 26.0           31.8     -6% to -18%
                                                        (lower)

HEPS                22.5 to 19.0           28.9     -22% to -34%
                                                         (lower)

EPS                   1.9 to 1.6           30.6     -94% to -95%
                                                         (lower)



The information contained in this trading statement has
not been reviewed and reported on by Metrofile’s external
auditors.
Metrofile     will   host   a   presentation,    audio   webcast     and
conference call on the financial results at 10h30 on Tuesday,
10 September 2019.


To   attend    the    presentation,    contact    Ann    Marie     Wood:
iassa@iafrica.com by 2 September 2019.
Registration for the webcast and conference call:
Webcast: https://themediaframe.net/metrofile190910
Conference call:     www.diamondpass.net/6028103.


The presentation will also be available on the group’s website
(www.metrofilegroup.com) from 10h30 on 10 September 2019.


Johannesburg
28 August 2019

Sponsor
The Standard Bank of South Africa Limited

Date: 28/08/2019 08:43:00
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