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Trading Statement – 2022 Annual Financial Statements

Published: 2022-12-15 11:40:26 ET
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Steinhoff Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1954/001893/06)
JSE Code: SHFF
ISIN: ZAE000068367
("Steinhoff Investments", or "Company")


TRADING STATEMENT – 2022 ANNUAL FINANCIAL STATEMENTS
Steinhoff Investments is a wholly-owned subsidiary of Steinhoff International Holdings N.V. and
is the issuer of variable rate, cumulative, non-redeemable, non-participating preference shares
with a capital value of R1.5 billion. The preference shares are listed on the JSE.
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed company is required
to publish a trading statement as soon as it becomes reasonably certain that the financial results
for the next reporting period will differ by more than 20% from those of the previous
corresponding period.
Accordingly, a review of the financial results for the year ended 30 September 2022 by
management has indicated, with a reasonable degree of certainty, that for Steinhoff Investments:
    •   earnings per ordinary share is expected to be between 25 000.0 cents and 27 000.0 cents
        compared to 11 685.5 cents in the previous corresponding period; and
    •   headline earnings per ordinary share is expected to be between 26 000.0 cents and 28
        000.0 cents compared to 11 843.6 cents in the previous corresponding period.
The financial information on which this trading statement is based has not been reviewed or
reported on by Steinhoff Investments’ auditors. Steinhoff Investments financial results for the
year ended 30 September 2022 are expected to be released on SENS later today.


Stellenbosch, 15 December 2022
JSE Sponsor: PSG Capital