HWN
HWN
HWN - HAHL - Trading Update
Howden Africa Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/002982/06)
Share code: HWN ISIN: ZAE000010583
("HAHL" or "the Company")
Trading update
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become reasonably certain that
the financial results for the period to be reported on will be more than 20%
different from that of the previous corresponding period.
Shareholders are advised that forecast earnings and headline earnings per share
from continuing operations are in the range of between 34.0 cents and 40.8 cents
for the six months to 30 June 2007. This compares with the loss and headline
loss per share of (2.02) cents and (1.94) cents respectively from continuing
operations for the six months ended 30 June 2006.
The actual loss and headline loss per share for the six months ended 30 June
2006 were negatively affected by the STC charge of R12.2 million (18.52 cents
per share) in respect of the cash dividend payment of 148.12 cents paid.
Excluding the STC charge the earnings and headline earnings per share for the
six months ended 30 June 2006 were 16.5 cents and 16.58 cents per share
respectively.
The financial information on which this trading statement is based has not been
reviewed or reported on by HAHL`s auditors. The results for the six month period
ended 30 June 2007 are expected to be published on or about 31 August 2007.
20 July 2007
Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary)
Limited (Registration number 1970/003711/07)
Date: 20/07/2007 17:10:01 Produced by the JSE SENS Department.
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