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RAINBOW:  380   0 (0.00%)  24/02/2025 19:14

RAINBOW CHICKEN LIMITED - Update on initial trading statement for the six months ended 29 December 2024

Release Date: 24/02/2025 17:20
Code(s): RBO     PDF:  
Wrap Text
Update on initial trading statement for the six months ended 29 December 2024

Rainbow Chicken Limited
(Formerly Rainbow Chicken Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2024/200346/06)
ISIN: ZAE000334850
Share code: RBO
("Rainbow" or "the Company" or "the Group")

UPDATE ON INITIAL TRADING STATEMENT FOR THE SIX MONTHS ENDED 29 DECEMBER 2024

Shareholders are referred to the trading statement released on the Stock Exchange News Service ("SENS")
on 28 January 2025. Rainbow reported that earnings per share ("EPS") and headline earnings per share
("HEPS") for the six-months ended 29 December 2024 ("current period") would increase by at least 1100% to
28.35 cents (December 2023: 2.36 cents) and 29.55 cents (December 2023: 2.46 cents) respectively when
compared to that of the six-months ended 31 December 2023 ("comparative period").

Shareholders of Rainbow are advised that the Company expects its EPS for the current period to be between
35.34 cents (+1397.5%) and 35.81 cents (+1417.4%) when compared to the EPS of 2.36 cents for the
comparative period. HEPS for the current period is expected to be between 35.40 cents (+1339.0%) and 35.89
cents (+1358.9%) when compared to the HEPS of 2.46 cents for the comparative period.

The financial information in this trading statement has not been reviewed or reported on by the Group's
auditors.

The Group's financial results for the current period are expected to be published on SENS on or about Friday,
07 March 2025.

Centurion
24 February 2025

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 24-02-2025 05:20:00
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