Alaris Holdings Limited Trading Statement

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period.

Accordingly, a review of the financial results for the six months ended 31 December 2017 by management has indicated that:

  • the basic earnings per share (“EPS”) and headline earnings per share (“HEPS”) are expected to be between 18.0 cents and 19.21 cents, reflecting an increase of between 198% and 218% compared to the EPS and HEPS of 6.04 cents for the six months ended 31 December 2016; and
  • the normalised earnings per share is expected to be between 18.1 cents and 19.27 cents, reflecting an increase in normalised earnings per share of between 198% and 218% compared to the normalised earnings per share of 6.06 cents for the six months ended 31 December 2016.

Shareholders are reminded that the Aucom business was classified as a discontinued operation in the prior period. The normalised earnings per share for continuing operations is expected to be between 18.1 cents and 19.27 cents, reflecting an increase in normalised earnings per share of between 119% and 133% compared to the normalised earnings per share of 8.26 cents for the six months ended 31 December 2016.

The financial information on which this trading statement is based has not been reviewed or reported on by Alaris’ auditors. Alaris’ interim financial results are expected to be released on SENS on or about 26 February 2018.