To view the PDF file, sign up for a MySharenet subscription.

PBT GROUP LIMITED - Trading Statement for the year ended 31 March 2020

Release Date: 06/07/2020 07:05
Code(s): PBG     PDF:  
Wrap Text
Trading Statement for the year ended 31 March 2020

PBT Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1936/008278/06)
JSE Share code: PBG ISIN: ZAE000256319
("PBT Group" or “the Company”)

TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2020


In terms of paragraph 3.4 of the JSE Listings Requirements, companies are required to publish a trading
statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the
period to be reported upon will differ by 20% or more from the financial results of the previous corresponding
period.

Shareholders of the PBT Group (“Shareholders”) are advised that the Company is currently finalising its results
for the year ended 31 March 2020.


Results from continuing operations are expected to be as follows:


                               For the year ended 31       For the year ended 31
                                     March 2020                  March 2019

 Continuing operations


 Earnings per share            Between 29.50 cents per     17.97 cents per share
                               share and 31.50 cents per
                               share    reflecting   an
                               increase between 64.16%
                               and 75.29%

 Headline   earnings     per   Between 29.50 cents per     18.18 cents per share
 share                         share and 31.50 cents per
                               share    reflecting   an
                               increase between 62.27%
                               and 73.27%



Results from discontinued operations will be as follows:


                              For the year ended 31       For the year ended 31
                                     March 2020                  March 2019

 Discontinued operations

 Earnings per share            Not applicable              7.35 cents per share

 Headline earnings per         Not applicable              0.99 cents per share
 share

-    The Group experienced solid revenue growth for the year ended 31 March 2020.
-    Continued demand for services.
-    5 384 214 PBT ordinary shares repurchased on 23 March 2020 by way of a successful Tender Offer.

The financial results on which this trading statement is based have not been reviewed or reported on
by the Company’s external auditors.

The year-end results are scheduled to be published on or about 17 July 2020.


By order of the board of directors.


Cape Town
06 July 2020
Sponsor: Sasfin Capital Proprietary Limited

Date: 06-07-2020 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story