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14 Jun 2017 16:55
Naspers Limited
(Incorporated in the Republic of South Africa)(Reg. No 1925/001431/06)
JSE Share Code: NPN ISIN: ZAE000015889LSE ADS Code: NPSN ISIN: US6315121003
("Naspers")
Trading Statement
Shareholders are advised that the Naspers group ("the group") is presently finalising its consolidated annual financial statements for the year ended 31 March 2017.
We expect core headline earnings per share to be between 33% (98 US cents) and 39% (116 US cents) higher than the comparable period's 298 US cents. Shareholders are reminded that the board considers core headline earnings an appropriate indicator of the sustainable operating performance of the group, as it adjusts for non-recurring and non-operational items.
It is expected that earnings per share for the year ended 31 March 2017, will be between 181% (431 US cents) and 187% (445 US cents) higher compared to the prior period's 238 US cents. Headline earnings per share for the year is expected to increase by between 4% (7 US cents) and 10% (17 US cents) from the prior period's 168 US cents.
Further details will be provided in the summarised consolidated financial results, due to be released on or about 23 June 2017. Financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors.
Cape Town14 June 2017Sponsor: Investec Bank Limited
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