RLO - Reunert Limited - Trading statement
Tuesday, 6 November 2007
TRADING STATEMENT: HEPS DOWN BETWEEN 40% AND 50% AND NORMALISED HEPS UP BETWEEN
10% AND 20%
Reunert is currently finalising its results for the year ended 30 September 2007
which will be released on SENS on or about 21 November 2007. In this regard,
shareholders are advised that basic earnings per share will be between 25% - 35%
lower and headline earnings per share will be between 40% - 50% lower than the
corresponding reporting period of the previous year. This is attributable to
the once off cost of the BEE deal completed during the year.
Normalised headline earnings per share which excludes the cost of the BEE deal
and other income and charges of a non-trading nature will be between 10% - 20%
higher than the reporting period of the previous year.
The forecast financial information on which this trading statement is based has
not been reviewed and reported on by the Company's auditors.
6 November 2007
RAND MERCHANT BANK (A division of FirstRand Bank Limited)