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ADVTECH LIMITED - Voluntary trading statement

Release Date: 14/08/2024 08:00
Code(s): ADH     PDF:  
Wrap Text
Voluntary trading statement

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
JSE code: ADH ISIN: ZAE000031035
("ADvTECH" or "the group")

VOLUNTARY TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024

The board hereby advises on its expectations of the financial results for the six months ended 30 June
2024.

The group reports normalised earnings per share ("NEPS") as a way of excluding the effect of one-off
transactions and corporate action costs from its results.

Basic NEPS and Basic headline earnings per share ("HEPS") for the six months ended 30 June 2024 are
expected to be between 13% and 18% higher than the comparative reporting period for the six months
ended 30 June 2023 ("the comparative period") or between 95.3 and 99.5 cents per share as compared
to 84.3 cents per share in the comparative period.

Basic earnings per share ("EPS") for the six months ended 30 June 2024 is expected to be between 13%
and 18% higher than the comparative period or between 95.4 and 99.6 cents per share as compared to
84.4 cents per share for the comparative period.

The financial information on which this trading update is based has not been reviewed or audited by the
group's external auditors.

ADvTECH expects to release results for the six months ended 30 June 2024 on the JSE's Stock Exchange
News Service on or about Monday, 26 August 2024.

14 August 2024
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 14-08-2024 08:00:00
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