NWL
NWL
NWL - Nu-World - Trading Statement
NU-WORLD HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1968/002490/06)
Share Code: NWL & ISIN code: ZAE000005070
("Nu-World" or "the company")
TRADING STATEMENT
Nu-World is expecting an increase of up to 10% in both turnover and earnings per
share. However due to a poor last quarter and difficult trading conditions
across all divisions, both locally and abroad, in addition to late delivery of a
number of projects that will only materialize in the following financial year,
Nu-World is expecting a decrease of between 30% to 35% in headline earnings per
share for the year ended 31 August 2007 compared to that of the previous
comparative period.
The information in this trading statement has not been reviewed or reported on
by Nu-World`s auditors.
The company`s audited results are expected to be published on or about 24
October 2007.
Johannesburg
24 August 2007
Lead Sponsor
Sasfin Corporate Finance
A division of Sasfin Bank Limited
Joint Sponsor
Nedbank Capital
Date: 24/08/2007 08:00:05 Produced by the JSE SENS Department.
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