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8/17/2017 5:32:00 PM
|AIP: ADCOCK INGRAM HOLDINGS LIMITED - Further trading statement|
AIP: ADCOCK INGRAM HOLDINGS LIMITED - Further trading statement Further trading statement Adcock Ingram Holdings Limited Incorporated in the Republic of South Africa (Registration number 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or "the Company") Further trading statement In terms of the JSE Limited ("JSE") Listings Requirements, companies are required to provide guidance to the market when they are satisfied that a reasonable degree of certainty exists that the financial results for the current reporting period will differ by at least 20% from the results of the previous corresponding reporting period. Shareholders are accordingly advised that in the financial results for the year ended 30 June 2017, EPS is expected to be between 330 and 333 cents per share, (June 2016: 101.4 cents) and HEPS, is expected to be between 310 cents and 313 cents per share, (June 2016: 228.7 cents). This represents an increase in HEPS of between 36% and 37%. In an earlier Trading Statement released on SENS on 24 July 2017, shareholders were advised that in the previous corresponding reporting period, losses of R200 million on the disposal of certain discontinued operations were accounted for, adversely impacting the EPS in that year. The comparable increase in HEPS for the current reporting period arises in the normal course of trade and business. The financial information on which this trading statement is based has not been reviewed and reported on by the CompanyÂ´s external auditors. Adcock Ingram is currently finalising its results for the financial year ended 30 June 2017, which are expected to be released on SENS on or about 25 August 2017, in which more comprehensive information will be provided. Midrand 17 August 2017 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 17/08/2017 05:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
|2017-08-17 17:32:00 Source: JSE News Service (SENS)|