18 Jun - 2 min read

Trading Statement for the year ended 31 March 2021

Trading Statement for the year ended  31 March 2021

Primeserv Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/013448/06)
("Primeserv” or “the Company”)
Share code: PMV       ISIN: ZAE000039277

TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2021


In terms of the Listings Requirements of the JSE Limited, companies are required to publish
a trading statement as soon as they become aware that the financial results for the period to
be reported upon next may differ by at least 20% from the financial results for the previous
corresponding period.

Primeserv accordingly advises that management’s review of the financial results expected for
the year ended 31 March 2021 has indicated that Primeserv will reflect earnings per share of
between 19.67 cents per share and 21.51 cents per share, in comparison to earnings per
share of 30.73 cents for the year ended 31 March 2020, and headline earnings per share of
between 20.85 cents per share and 24.06 cents per share in comparison to headline earnings
per share of 32.08 cents for the year ended 31 March 2020. This represents a decrease in
earnings per share of between 30% and 36%, and a decrease in headline earnings per share
of between 25% and 35%.

The financial results on which this trading statement has been based have not been reviewed
or reported on by the Company’s auditors. The financial results of the Company will be
published on or about Monday, 21 June 2021.


18 June 2021
Illovo, Sandton

Sponsor
Grindrod Bank Limited

Date: 18-06-2021 05:25:00
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.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Primeserv Group Limited (JSE:PMV) when you join Listcorp.