PPC - Pretoria Portland Cement Company - Industry Cement Volumes
PPC
PPC
PPC - Pretoria Portland Cement Company - Industry Cement Volumes
Pretoria Portland Cement Company Limited
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000096475
("PPC" or "the company")
Industry Cement Volumes
When PPC announced its mid-year results in May 2008, it was indicated that
regional sales volumes were marginally up on the previous corresponding period.
PPC also advised that it had revised its expectation for the regional cement
demand volume growth for the full financial year downwards, to between 2% and
4%. Industry regional cement sales volumes for PPC`s financial year to date have
recently steadied at a level of around 1.8% to 2% below the previous
corresponding period.
The abnormally wet weather conditions in the Cape region during the last 3
months, which have continued into September, have negatively impacted on
construction activity and consequently cement demand.
This has had a disproportionate effect on PPC cement sales but despite this,
indications are that PPC`s regional cement sales volumes for the full year are
likely to be at about the same level as those of the prior year.
(We refer you to the Eastern and Western Cape industry sales per day bar charts
at pages 5 and 6 in the August 2008 edition of PPC`s Cement Sales Monitor on the
PPC website at the following link:
http://www.ppc.co.za/ppc/view/ppc/en/page6763).
This statement has not been audited or reviewed by the company`s auditors.
Johannesburg
19 September 2008
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 19/09/2008 10:02:05 Produced by the JSE SENS Department.
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