ARL - Astral Foods Limited - Voluntary Trading Sta
ARL
ARL
ARL - Astral Foods Limited - Voluntary Trading Statement
Astral Foods Limited
("Astral Foods")
Registration number: 1978/003194/06
JSE Code: ARL & ISIN: ZAE000029757
Voluntary Trading Statement
Shareholders are advised that during the months of February and March abnormal
trading conditions occurred which had a financial impact on the interim results
for the six months ended 31 March 2008. Electricity disruptions negatively
affected farming performance, abattoir efficiencies and substantial overtime had
to be worked to maintain production. Abnormal high wastage of fresh and frozen
products was also experienced. Astral has since implemented measures to rectify
this situation.
Astral has reviewed the impact of the above and accordingly advises that
headline earnings will be between 10 and 15% lower than the previous reporting
period. Financial results on which this trading statement is based has not been
reviewed by the company`s auditors.
It is expected that the interim results for the six months to 31 March 2008 will
be published on SENS on Tuesday 20 May 2008.
Pretoria
12 May 2008
Sponsor
JPMorgan Equities Limited
Date: 12/05/2008 14:54:01 Produced by the JSE SENS Department.
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