HWN - Howden Africa Holdings Limited - Trading update
HWN
HWN
HWN - Howden Africa Holdings Limited - Trading update
Howden Africa Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/002982/06)
Share code: HWN
ISIN: ZAE000010583
("HAHL" or "the Company")
Trading update
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become reasonably certain that
the financial results for the period to be reported on will be more than 20%
different from that of the previous corresponding period.
Shareholders are advised that forecast earnings and headline earnings per share
from continuing operations are in the range of between 67.00 cents and 76.00
cents for the six months to 30 June 2009, which compares with the earnings and
headline earnings per share of 43.90 cents and 43.88 cents respectively from
continuing operations for the six months ended 30 June 2008.
The earnings and headline earnings per share for the six months ended 30 June
2008,was affected by the STC charge of R6.6 million (10.00 cents per share) in
respect of the dividend payment declared at the Annual General meeting on 5 June
2008 and paid on 7 July 2008. Excluding the STC charge on the dividend the
earnings and headline earnings per share for the six months ended 30 June 2008
would have been 53.90 cents and 53.88 cents, respectively.
The financial information on which this trading statement is based has not been
reviewed or reported on by HAHL`s auditors. The results for the six months
period ended 30 June 2009 are expected to be published on or about 28 August
2009.
21 July 2009
Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited
(Registration number 1970/003711/07)
Date: 21/07/2009 17:00:01 Produced by the JSE SENS Department.
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