CA Sales anticipates massive profit increase.

The Board of CA&S last week  announced that the Company’s profit before tax for the six months ended 30 June 2021 is  expected to be between R 138.1m and R 142.1m compared to the reported profit before tax for the previous corresponding period of R 78.8m.

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This expected figures  represents an increase of between 75% and 80% on the profit before tax of the previous corresponding period.

The Company’s headline earnings per share (“HEPS”) for the six months ended 30 June 2021 is expected to increase
to between 8.33 cents and 8.94 cents per share, an increase of between 68% and 73% in comparison to the HEPS of
12.20 cents reported in the previous corresponding period.

The Company’s earnings per share (“EPS”) is expected to increase between 10.92 cents and 11.33 cents per share, an
increase of between 131% and 136% in comparison to the EPS of 8.31 cents in the previous corresponding period.

Shareholders were advised to take note that trading conditions have been and are expected to remain challenging for the foreseeable future.

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