|
CSP
CSP
CSP - Chemspec - Trading Update In Respect Of The Year Ended 31 March 2008
Chemical Specialities Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/039947/06)
ISIN: ZAE000109427
Share Code: CSP
("Chemspec" or "The Group" or "the Company")
TRADING UPDATE IN RESPECT OF THE YEAR ENDED 31 MARCH 2008
Shareholders are advised that Chemspec anticipates an increase in basic earnings
per share of between 1 413% and 1 433% and an increase in headline earnings per
share of between 394% and 414% for the year ended 31 March 2008, as compared to
the corresponding pro forma historical income statement in the Chemspec Pre-
Listing Statement for the 12 months ended 31 March 2007.
Chemspec anticipates an increase in basic earnings per share of between 13% and
33% and an increase in headline earnings per share of between 5% and 25% for the
year ended 31 March 2008, as compared to the forecast income statement in the
Chemspec Pre-Listing Statement for the year ended 31 March 2008.
Shareholders are referred to the unaudited pro forma earnings and headline
earnings for the 12 months ended 31 March 2007 presented in the Pre-Listing
Statement ("the 2007 Pro Forma`s").
The 2007 Pro Forma`s were provided to illustrate the effects of the private
placing on the assumption that the private placing had taken place at the
beginning of the period.
Similarly, unaudited pro forma earnings and headline earnings for the year ended
31 March 2008 ("the 2008 Pro Forma`s") will be presented together with the
financial results announcement for the current financial year ending 31 March
2008. The 2008 Pro Forma`s will include the effects of the private placing on
the assumption that the private placing had taken place on 1 April 2007.
Based on the assumptions set out above, it is anticipated that the increase in
basic earnings per share will be between 40% and 60% and the increase in
headline earnings per share will be between 82% and 102% for the 2008 Pro Forma
year when compared to the corresponding pro forma basic and headline earnings
per share for the 2007 Pro Forma period.
Shareholders are advised that this financial information has not been reviewed
or reported on by the Company`s auditors.
The release of the final results for the year ended 31 March 2008 is expected to
be published on or about 02 June 2008.
Durban
7 May 2008
Designated Advisor:
QuestCo Sponsor (Pty) Ltd
Date: 07/05/2008 08:01:47 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
