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

RAUBEX GROUP LIMITED - Further trading statement in respect of the six month period ended 31 August 2021

Release Date: 14/10/2021 07:57
Code(s): RBX     PDF:  
Wrap Text
Further trading statement in respect of the six month period ended 31 August 2021

RAUBEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX
ISIN: ZAE000093183
(“Raubex” or “the Company” or “the Group”)


FURTHER TRADING STATEMENT IN RESPECT OF THE SIX MONTH PERIOD ENDED 31 AUGUST 2021

Further to the trading statement released on 13 September 2021 in which shareholders were advised that
Raubex expects its earnings per share and headline earnings per share for the six months ended 31 August
2021 to be at least 123 cents and 117 cents respectively compared to a loss per share of 25.2 cents and
headline loss per share of 26.6 cents achieved in the previous corresponding period, the Company is now in a
position to provide specific guidance on its trading range in terms of paragraph 3.4(b)(iii)(2) of the JSE Limited
Listings Requirements.

Shareholders are accordingly now advised that Raubex expects its earnings per share to be between 135.7
cents and 145.4 cents and headline earnings per share to be between 131.9 cents and 140.6 cents
respectively, for the six months ended 31 August 2021 compared to a loss per share of 25.2 cents and a
headline loss per share of 26.6 cents in the previous corresponding period.

As the year ended 28 February 2021 was an abnormal trading year due to the impact of Covid-19, the
Company believes it will provide value if the current performance is also compared with the six months ended
31 August 2019 (“pre-Covid-19 comparative period”).

Accordingly Raubex expects its earnings per share to be between 135.7 cents and 145.4 cents and headline
earning per share to be between 131.9 and 140.6 cents compared to earnings per share of 64.6 cents and
headline earnings per share of 58.6 cents achieved in the pre-Covid-19 comparative period. This translates to
earnings per share being between 110% and 125% higher and headline earnings per share being between
125% and 140% higher, for the six months ended 31 August 2021 compared with the earnings per share and
headline earnings per share achieved in the pre-Covid-19 comparative period.

The financial information on which this trading statement is based has not been reviewed or reported on by
the Company’s auditors. The release of the results for the six month period ended 31 August 2021 is
anticipated to be published on or about Monday, 8 November 2021.



Centurion
14 October 2021

Sponsor
Investec Bank Limited

Date: 14-10-2021 07:57:00
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