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INSIMBI INDUSTRIAL HOLDINGS LIMITED - Trading Statement

Release Date: 09/02/2024 14:30
Code(s): ISB     PDF:  
Wrap Text
Trading Statement

INSIMBI INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB
ISIN: ZAE000116828
("Insimbi" or "the Company")


TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Limited ("JSE") Listings Requirements, a listed
company is required to publish a trading statement as soon as it becomes reasonably certain
that the financial results for the next period to be reported on will differ by 20% or more from
the financial results for the previous corresponding period.

The Company hereby advises that a reasonable degree of certainty exists that, for the year
ended 29 February 2024 ("Current Period"):

-     earnings per share ("EPS") will decrease by at least 20%, which is a decrease of
      5.59 cents per share, when compared to the EPS of 27.94 cents for the year ended 28
      February 2023; and

-     headline earnings per share ("HEPS") will decrease by at least 20%, which is a
      decrease of 5.51 cents per share, when compared to the HEPS of 27.56 cents for the
      year ended 28 February 2023.

A further trading statement, as required in terms of the JSE Listings Requirements, will be
released on SENS as soon as the Company has a reasonable degree of certainty on the
expected EPS and HEPS ranges or numbers for the Current Period.

The financial information on which this trading statement is based has not been reviewed nor
reported on by the Company's external auditors. The audited results for the Current Period
are expected to be published on or about 30 May 2024.


Johannesburg
9 February 2024

Sponsor
PSG Capital

Date: 09-02-2024 02:30:00
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