In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the prior corresponding period or a profit forecast previously provided to the market.
For the six months ended 31 August 2016, Acsion expects to report earnings per share and headline earnings per share of between 28 cents to 32 cents (an increase of between 15% and 32%), compared to EPS and HEPS of 24.3 cents and 24.2 cents respectively, reported for the six months ended 31 August 2015.
Shareholders are advised that the financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. Acsion’s results for the six months ended 31 August 2016 will be released on SENS on or about 27 October 2016.
