ASR
ASR
ASR - Assore Limited - Trading update
Assore Limited
(Incorporated in the Republic of South Africa)
Registration number 1950/037394/06
Share code: ASR
ISIN: ZAE000017117
("the Assore group")
TRADING UPDATE
Shareholders are advised that the Assore group has continued to benefit from
positive market conditions since the interim results announcement published on
22 February 2007 with increased sales volumes and increased US Dollar and Euro
prices achieved for all products. As a result, attributable earnings per share
for the year to 30 June 2007 are anticipated to be between R28,00 and R29,50
(year ended 30 June 2006 : R16,51 per share). Accordingly headline earnings per
share are expected to be between R26,50 and R28,00 (year ended 30 June 2006 :
R11,69 per share). Earnings per share calculations are based on a weighted
average of 27,06 million shares in issue for the year (year ended 30 June 2006 :
27,70 million).
The above earnings forecast information has not been reviewed or reported on by
the Assore group`s auditors.
The final results for the year ended 30 June 2007 are expected to be published
early in September 2007.
Illovo Boulevard
Johannesburg
28 August 2007
Contact details:
Celine Stemmett
Switchboard : (+27 11) 770 6800
Direct line: (+27 11) 770 6948
Email: celinestemmett@assore.com
Sponsor
Standard Bank
Date: 28/08/2007 14:10:02 Produced by the JSE SENS Department.
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