Reunert expects year-end earnings 40%-50% higher
Thursday, 27 October 2005
Reunert - Trading Statement
25/10/200517:42:22JSE Securities Exchange - SENS
(Incorporated in the Republic of South Africa)
(Registration number 1913/004355/06)
Share Code: RLO
("Reunert" or "the company")
Reunert is currently finalising its results for the year ended 30 September 2005, which should be released on 15 November 2005. In this regard, shareholders are advised that earnings and headline earnings per share is expected to be between 40% and 50% above the earnings and headline earnings for the comparable period in the previous year.
The main factor which has favourably impacted headline earnings per share is the combined favourable performances of the group's operations. The share buyback completed during the previous financial year reduced the number of shares in issue and has contributed approximately 12% to the increase in headline earnings per share.
The forecast financial information on which this trading statement is based has not been reviewed and reported on by the company's auditors.
25 October 2005
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25/10/2005 05:42:29 PM Produced by the JSE SENS Department