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PREMIER GROUP LIMITED - Trading statement for the financial year ending 31 March 2025

Release Date: 24/03/2025 14:00
Code(s): PMR     PDF:  
Wrap Text
Trading statement for the financial year ending 31 March 2025

PREMIER GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/016008/06)
ISIN: ZAE000320321
Share Code: PMR
('Premier' or 'the Group')

TRADING STATEMENT FOR THE FINANCIAL YEAR ENDING 31 MARCH 2025

Premier will be releasing its results for the financial year ending 31 March 2025 ('FY2025') on the Stock Exchange News
Service on or about 10 June 2025.

In accordance with paragraph 3.4(b) of the JSE Listings Requirements, a company is required to publish a trading statement
as soon as it is satisfied that a reasonable degree of certainty exists that its financial results for the period to be reported on
next will differ by at least 20% from the financial results reported on in the prior comparative period.

Accordingly, shareholders are advised of the following:

                                               Reported FY2024        Expected Range FY2025        Expected Increase
                                                       (cents)                      (cents)                      (%)

 Earnings per share ('EPS')                                715                    879 – 951                  23 - 33
 Headline earnings per share ('HEPS')                      744                    893 - 967                  20 - 30

The Group is expected to achieve mid-single-digit revenue growth during the period under review, despite the high-interest
rate environment, constrained consumer spending and volatile soft commodity prices. The improvement in operational
earnings is driven by a continued focus on margin management, cost-saving initiatives and the delivery of operational
efficiencies across both manufacturing and the Group's logistics and distribution channels.

Shareholders are further advised that certain Premier senior executives will be attending the Bank of America 'Global Research
26th South Africa Conference 2025' on 25 March 2025, where meetings will be held with numerous investors.

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

Johannesburg
24 March 2025

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 24-03-2025 02:00:00
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