To view the PDF file, sign up for a MySharenet subscription.

SEPHAKU HOLDINGS LIMITED - Trading statement for the twelve months ended 31 March 2024

Release Date: 18/06/2024 10:46
Code(s): SEP     PDF:  
Wrap Text
Trading statement for the twelve months ended 31 March 2024

 Sephaku Holdings Limited
 (Incorporated in the Republic of South Africa)
 (Company registration number: 2005/003306/06)
 JSE share code: SEP
 ISIN: ZAE000138459
 ("SepHold" or the "Company")


                       Trading statement for the twelve months ended 31 March 2024

SepHold is finalising the financial results for the twelve months ended 31 March 2024, that will be released on
SENS on or about 26 June 2024 and published in the press on or about 27 June 2024.

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a
trading statement as soon as they are satisfied, with a reasonable degree of certainty, that the financial results
for the period to be reported upon next will differ by at least 20% from those of the previous corresponding
reporting period.

Accordingly, SepHold, advises shareholders that, the basic earnings per share and headline earnings per share
for the twelve months ended 31 March 2024 compared to the twelve months ended 31 March 2023 ("FY 2023")
are expected to increase as follows:

   • the basic earnings per share to be between 25.5 cents and 27.0 cents (FY 2023: basic earnings per share
     of 10.05 cents), and
   • the headline earnings per share to be between 24.5 cents and 26.0 cents (FY 2023: headline earnings per
     share of 9.98 cents).

The Group's Financial Year 2024 performance was better for both operations. Métier Mixed Concrete (Pty) Ltd
("Métier") and Dangote Cement SA (Pty) Ltd ("Sephaku Cement") both demonstrated resilience and agility in
maintaining market share, and Métier delivered strong growth in revenue and profit. Deteriorating economic
conditions and persistent challenges in the cement industry impacted Sephaku Cement's financial performance,
but they still managed to return to levels achieved during the year before last.
The financial information on which this trading statement is based, has not been reviewed or reported on by the
Company's external auditors.

Financial results webcast and conference call

A results conference webcast and conference call will be held at 11:00 SAST on 27 June 2024. Registration is
required and can be done clicking the following link to obtain the unique dial-in details:
SepHold FY 2024 results webcast registration link

The results presentation can be downloaded from the Company website from 16:00 SAST on 26 June 2024 using
the following link: https://sephakuholdings.com/investor-centre/presentations/


Centurion

18 June 2024
Enquiries contact:
Neil Crafford-Lazarus
Financial Director
info@sephold.co.za
012 648 6300

Sponsor to Sephaku Holdings Limited: Questco Corporate Advisory (Pty) Ltd

About Sephaku Holdings Limited
Sephaku Holdings Limited is a building and construction materials company with a portfolio of investments in the cement
sector in South Africa. The Company's core investments are a 36% stake in Dangote Cement SA (Pty) Ltd and 100% in Métier
Mixed Concrete (Pty) Ltd. SepHold's strategy is to generate growth and realise value for shareholders through the production
of cement and ready mixed concrete in Southern Africa.
www.sephakuholdings.com

Date: 18-06-2024 10:46:00
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.