Updated trading statement
AVENG LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1944/018119/06)
ISIN: ZAE000302618
SHARE CODE: AEG
("Aveng" or "the Group")
UPDATED TRADING STATEMENT
This trading statement is in accordance with paragraph 3.4 (b) of the JSE Listings Requirements, which
requires issuers to publish a trading statement as soon as they are satisfied that a reasonable degree
of certainty exists that the financial results for the period to be reported on will differ by at least 20%
from those of the prior comparative period.
Shareholders are referred to the trading statement announced on SENS on 12 August 2024, detailing
that the Company will report an expected earnings per share profit and a headline earnings per share
profit for the year ended 30 June 2024.
The Group hereby advises that a reasonable degree of certainty exists that the results for the year
ended 30 June 2024 to be within the following ranges:
Expected Reported
30 June 2024 30 June 2023
A$'000 % change A$'000
Earnings / (loss) for the period 24 400 – 26 900 more than 100% (103 971)
Headline earnings / (loss) 37 200 – 39 500 more than 100% (77 739)
A$ cents % change A$ cents
Basic earnings / (loss) per share 19.6 – 20.8 more than 100% (82.4)
Headline earnings / (loss) per share 29.0 – 30.8 more than 100% (61.6)
Diluted earnings / (loss) per share 19.1 – 20.3 more than 100% (82.4)
Diluted headline earnings / (loss) per share 28.3 – 30.1 more than 100% (61.6)
Shareholders should note that the prior reported financial information included expenses amounting to
A$104 million from the Batangas LNG terminal project and losses from discontinued operations of A$12
million, which are not expected to reoccur.
The Group expects to release its audited results on or about 20 August 2024.
The financial information on which this updated trading statement is based has not been reviewed or
reported on by the Group's auditors.
14 August 2024
Boksburg, South Africa
JSE Sponsor
Valeo Capital (Pty) Ltd
Edinah Mandizha
Company Secretary
Tel: 011 779 2800
Email: Edinah.mandizha@avenggroup.com
Date: 14-08-2024 04:26:00
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