HWN - Howden Africa Holdings Limited - Chairman`s Statement at the AGM
HWN
HWN
HWN - Howden Africa Holdings Limited - Chairman`s Statement at the AGM
HOWDEN AFRICA HOLDINGS LIMITED
(Incorporated in Republic of South Africa)
(Registration Number 1996/002982/06)
Share Code: HWN
ISIN: ZAE000010583
("HAHL")
CHAIRMAN`S STATEMENT AT THE AGM
After 5 months of the current financial year I am sure shareholders would wish
me to update them regarding the present trading position.
I am pleased to announce that despite the slowdown in the growth rate of the
local economy order book levels have increased since the position reported at
the end of December 2008. As reported previously, a number of orders have been
converted in the recent past connected to Eskom`s new build program and this has
contributed positively in neutralising shortfalls experienced by delays of some
large value environmental tenders.
While certain market segments served by Group companies continue to be depressed
relative to levels experienced in the past, Group earnings remain in line with
expectations.
11 June 2009
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
(Registration number 1970/003711/07)
Date: 11/06/2009 12:43:01 Produced by the JSE SENS Department.
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