AFR
AFR
AFR - Afgri Limited - Trading Statement
AFGRI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1995/004030/06)
Share Code: AFR
ISIN: ZAE000040549
("the company")
TRADING STATEMENT
The directors expect earnings per share for the financial year ended 28
February 2007 to be between 40% and 45% higher than the earnings for the
prior year of 39,0 cents. The headline earnings per share for the same year
are expected to be between 60% and 65% higher than the headline earnings
for the prior year of 37,2 cents. This is mainly due to better trading
performances as a result of improved agricultural conditions, cost savings
and the newly acquired broiler business.
The results for the financial year ended 28 February 2007 are expected to
be released on SENS on Wednesday, 16 May 2007.
The forecast financial information on which this trading statement is based
has not been reviewed and reported on by the company`s auditors.
Johannesburg
3 May 2007
Merchant Bank and Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 03/05/2007 10:30:01 Produced by the JSE SENS Department.
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