UNI - Universal Industries Corporation Limited - Trading statement
UNI
UNI
UNI - Universal Industries Corporation Limited - Trading statement
UNIVERSAL INDUSTRIES CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/004343/06)
(JSE code: UNI: ZAE000110664)
("Universal")
TRADING STATEMENT
Shareholders are advised that Universal expects its earnings and headline
earnings per share for the six months to 30 June 2009 to be between 65% and 85%
lower than the earnings and headline earnings per share for the six months to 30
June 2008 (the "previous corresponding period").
The decline in earnings is attributed to the weakening economy as reflected in
the group turnover which is expected to decline by almost 20% compared to the
previous corresponding period. Interim results containing more information on
trading for the period will be published in the first week of August.
Due to the cyclical nature of the business and the current improved order book
we expect the second half of the financial year to be better than the first six
months.
This trading statement has not been reviewed or reported on by the company`s
auditors.
23 July 2009
Sponsor
Java Capital (Proprietary) Limited
Date: 23/07/2009 12:40:01 Produced by the JSE SENS Department.
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