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FIRSTRAND LIMITED - Further trading statement for the six months ended December 2021

Release Date: 23/02/2022 17:05
Code(s): FSR FSRP     PDF:  
Wrap Text
Further trading statement for the six months ended December 2021

FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE ordinary share code: FSR; ISIN code: ZAE000066304
JSE B preference share code: FSRP; ISIN code: ZAE000060141
NSX ordinary share code: FST
LEI: 529900XYOP8CUZU7R671
(FirstRand or the group)

FURTHER TRADING STATEMENT FOR THE SIX MONTHS ENDED DECEMBER 2021

In accordance with paragraph 3.4(b) of the JSE Limited Listings Requirements and further to the trading statement
released by FirstRand on SENS on 30 November 2021, shareholders are advised that there is now more certainty
regarding the group’s financial results for the six months ended 31 December 2021.

    •    Earnings per share (EPS) for the period is expected to increase between 40% and 45% compared to the
         prior period (198.5 cents per share), resulting in a range of between 277.9 cents and 287.8 cents per
         share;
    •    Headline EPS for the period is expected to increase between 40% and 45% compared to the prior period
         (198.9 cents per share), resulting in a range of between 278.5 cents and 288.4 cents per share; and
    •    Normalised EPS for the period is expected to increase between 40% and 45% compared to the prior
         period (196.8 cents per share), resulting in a range of between 275.6 cents per share and 285.3 cents
         per share.

Shareholders are advised that the financial information contained in this trading statement has not been reviewed
or reported on by the group’s auditors. FirstRand will release its interim results for the six months ended
31 December 2021 on Thursday, 3 March 2022.


Sandton
23 February 2022

Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 23-02-2022 05:05:00
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