AECI Limited Trading Statement
February 19 2018 - 2:18AM
UK Regulatory
TIDM87FZ
AECI LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
("AECI" or "the Company")
TRADING STATEMENT
In compliance with the JSE Limited Listings Requirements, shareholders are
advised that for the financial year ended 31 December 2017 ("the period")
AECI's earnings per share ("EPS") is expected to be between 880 cents and 910
cents, that is 20% and 24% higher than the 735 cents reported for financial
year ended 31 December 2016 ("the prior corresponding period"). Headline
earnings per share ("HEPS") is expected to between 940 cents and 975 cents,
that is 15% and 19% higher than the 818 cents reported for the prior
corresponding period.
The increases in EPS and HEPS were enabled by an improved operational
performance.
AECI is currently finalising its results for the period and it is expected that
these will be released on the Stock Exchange News Service on or about Tuesday,
27 February 2018.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Company's external auditor. The information
provided does not contain, and should not be construed as containing, any
forward-looking statements or projections of any nature for the period ended 31
December 2017.
Woodmead, Sandton
19 February 2018
Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)
END
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