Trencor Limited provided earnings guidance for the year ended December 31, 2014. For the period, basic EPS is expected to be between ZAR 540 and ZAR 545. Headline earnings per share are expected to be between ZAR 578 and ZAR 583.

Adjusted headline earnings per share(including the value of the TAC option held by Halco) is expected to be between ZAR 550 and ZAR 555. Adjusted headline earnings per share(excluding the value of the TAC option) is expected to be between ZAR 550 and ZAR 555.