Profile's ShareDataOnline

Mon, 19 Sep 2011	Media Comment [LE]
Pinnacle eyes more acquisitions Business Report mentioned that, Pinnacle Technology Holdings is eyeing more acquisitions after two business it bought last year contributed more than half of the company's 57 percent revenue growth in the year to June. The group's revenue increased to R4.96 billion. The provider of information communication technology products and services said organic revenue growth was 24 percent, with the rest contributed by the acquisitions. "The biggest highlight is really the performance and growth that the acquisitions brought but also the fact that the rest of the group did well," Pinnacle chief financial officer Chris Smyth said. Smyth said Pinnacle was pursuing new acquisitions and new products although there was nothing solid to announce at this point. "We see a lot of potential especially in countries like Nigeria and Angola."

Tue, 13 Sep 2011	Official Announcement [C]
Pinnacle release revised trading statement Pinnacle provided further guidance to the market regarding the anticipated headline earnings per share ("HEPS") and earnings per share ("EPS") ranges for the year ended 30 June 2011. Shareholders are referred to the trading statement dated 9 June 2011 stating that for the 12 months ended 30 June 2011 the company's HEPS and EPS was projected to be higher than the results of the comparative period by at least 30% and 38% respectively. Shareholders are advised that the company is reasonably certain that its audited results for the 12 months ended 30 June 2011 will reflect a HEPS of between 43% and 46% higher than the HEPS of 81.3 cents per share of the comparative year with an increase in EPS of between 55% and 60% over the EPS of 76.7 cents per share of the comparative year. The company's financial results for the year ended 30 June 2011 are expected to be published on or about 16 September 2011.
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