ALT - Altech`s Statement On Its Expected Adjusted Headline Earnings Per Share
ALT
ALT
ALT - Altech`s Statement On Its Expected Adjusted Headline Earnings Per Share
Allied Technologies Limited
Member of the Altron Group
Incorporated in the Republic of South Africa
(Registration number: 1946/020415/06)
Share code: ALT
ISIN number: ZAE000015251
("Altech" or "the company")
ALTECH`S STATEMENT ON ITS EXPECTED ADJUSTED HEADLINE EARNINGS PER SHARE
In the light of the present disturbed economic environment, in South Africa and
internationally, Altech wishes to inform shareholders regarding its expectation
for results for its current financial year, ending 28 February 2009. This is in
accordance with Altech`s policy of full disclosure and timely notification of
relevant information to shareholders.
Altech is currently operating well despite the adverse general economic climate,
and has experienced good growth in revenue and profits, assisted by both its
high level of recurring (annuity) income and its strong financial position.
Shareholders are advised that the company`s adjusted headline earnings per share
are expected to be 10% to 19% higher than that of the previous corresponding
period.
The financial information on which this statement is based has not been reviewed
or reported on by Altech`s auditors.
The results for the year ending 28 February 2009 are expected to be published on
SENS on 23 April 2009.
Johannesburg
4 February 2009
Sponsor
Investec Bank Limited
Date: 04/02/2009 16:55:01 Produced by the JSE SENS Department.
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