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CA SALES HOLDINGS LIMITED - Trading Statement

Release Date: 12/08/2024 14:00
Code(s): CAA     PDF:  
Wrap Text
Trading Statement

CA SALES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2011/143100/06
Registered as an external company in the Republic of Botswana
Botswana registration number: BW00001085331
JSE Limited ("JSE") share code: CAA
Botswana Stock Exchange ("BSE") share code: CAS-EQO
ISIN: ZAE400000036
("CA&S" or the "Company")

TRADING STATEMENT

In terms of the JSE Listings Requirements, a listed company is required to publish a trading statement as soon as it
becomes reasonably certain that the headline earnings per share ("HEPS") and/or earnings per share ("EPS") for the
next period to be reported on will differ by 20% or more from the financial results for the previous corresponding period.

In terms of the BSE Listings Requirements, a listed company is required to publish a cautionary announcement as soon
as it becomes reasonably certain that the HEPS and/or EPS for the next period to be reported on will differ by at least
10% from the financial results for the previous corresponding period. Shareholders on the Botswana share register
should thus exercise caution when trading in the Company's securities.

The Company hereby advises that a reasonable degree of certainty exists that for the six months ended 30 June 2024:

-    HEPS will be between 42.65 cents and 44.47 cents, representing an increase of between 17% and 22% compared
     to the HEPS of 36.45 cents reported for the six months ended 30 June 2023; and

     HEPS increased due to organic growth from all the operations, as well as the successful onboarding of new clients.

-    EPS will be between 42.45 cents and 45.62 cents, representing a decrease of between 33% and 28% compared to
     the EPS of 63.36 cents reported for the six months ended 30 June 2023.

     EPS decreased as a result of a gain on bargain purchase entry of R123.6 million in the prior year, resulting from the
     acquisition of the T&C Group in Namibia. Excluding the gain on bargain purchase in the prior year, EPS shows an
     increase more in line with the HEPS increase.

The financial information on which this trading statement is based has not been reviewed or reported on by the auditor
of the Company. The results for the six months ended 30 June 2024 are expected to be published on or about
2 September 2024.

The Company has a dual primary listing on the BSE and the JSE.

BY ORDER OF THE BOARD OF DIRECTORS OF CA&S

Centurion
12 August 2024

JSE Sponsor
PSG Capital

BSE Sponsoring Broker
Imara Capital Securities

Date: 12-08-2024 02:00:00
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