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Trading statement for the financial year ended 28 February 2023

Published: 2023-04-05 11:55:28 ET
<<<  go to JSE:CMH company page
Combined Motor Holdings Limited
(Incorporated in the Republic of South Af rica)
(Registration number 1965/000270/06)
Share code: CMH       ISIN: ZAE000088050
(“CMH”)

TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2023

In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading
statement as soon as it becomes aware that the f inancial results f or the next period to be reported on will show a
20% or more dif f erence f rom those of the previous corresponding period.

CMH hereby advises that a reasonable degree of certainty exists that , f or the year ended 28 February 2023:

–   Headline earnings per share (“HEPS”) is expected to increase by between 20% and 30%, resulting in a
    HEPS of between 601,2 cents and 651,3 cents per share as compared with 501,0 cents per share f or the
    comparative period; and
–   Earnings per share (“EPS”) is expected to increase by between 15% and 25%, resulting in an EPS of
    between 576,3 cents and 626,5 cents per share as compared with 501,2 cents per share f or the
    comparative period.

This f inancial inf ormation has not been reviewed and reported on by the auditors of CMH. The results f or the year
ended 28 February 2023 are expected to be published on or about 3 May 2023.


Durban
5 April 2023

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PricewaterhouseCoopers Corporate Finance (Pty) Ltd