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CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED - Trading Statement

Release Date: 13/02/2025 10:10
Code(s): CAT     PDF:  
Wrap Text
Trading Statement

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/022616/06)
Share code CAT        ISIN ZAE000043345
("the Company")


TRADING STATEMENT


In terms of paragraph 3.4(b) of the Listings Requirements of the Johannesburg Stock Exchange,
companies are required to publish a trading statement as soon as 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 financial results of the previous corresponding period.

Shareholders of the Company are advised that it is reasonably certain that, for the six months ended
31 December 2024:

   •   Earnings per share are expected to be between 94,0 and 99,0 cents per share, representing
       an increase of between 24.8% and 31.5%, as compared to the earnings of 75,3 cents per
       share reported for the six months ended 31 December 2023.

   •   Headline earnings per share are expected to be between 93,0 and 98,0 cents per share,
       representing an increase of between 9.3% and 15.2%, as compared to the headline earnings
       of 85,1 cents per share reported for the six months ended 31 December 2023.

The increase in headline earnings per share is the result of improved trading profitability in a difficult
trading environment where revenues declined marginally but this was mitigated through operational
efficiencies and cost control. The material increase in earnings per share is attributable to the loss
on the disposal of the investment in Novus Holdings Limited (R45,2 million) in the previous year.

RESULTS

Shareholders are further advised that the Company is in the process of finalising its results for the
period concerned and it is expected that these results will be released on SENS no later than
14 March 2025.

RESPONSIBILITY STATEMENT

The financial information on which this trading statement is based has not been reviewed or reported
on by the Company's auditors.

The board of directors of the Company accepts responsibility for the information contained in this
announcement and certifies that, to the best of its knowledge and belief, the information contained
in this announcement is true and nothing has been omitted which is likely to affect the importance of
the information.

By order of the board.

Johannesburg
13 February 2025


Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 13-02-2025 10:10:00
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