APN
APN
APN - Aspen - Trading Update
Aspen Pharmacare Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1985/002935/06)
Share code: APN & ISIN: ZAE000066692
("Aspen")
Trading update
Aspen shareholders are hereby advised that earnings per share, for the 12 months
ended 30 June 2009, are forecast to exceed those reported in the comparative
period, ended 30 June 2008, by 45% to 55%. Headline earnings per share are
forecast to exceed those of the comparative period by 60% to 70%. The higher
forecast increase in headline earnings per share is caused by the exclusion of
non-recurring capital profits and losses in the determination thereof.
Aspen`s international operations, which have been significantly expanded over
the past eighteen months, have contributed strongly to this growth whilst the
South African operations have returned positive results, despite the challenging
trading and economic environment.
Having given consideration to Aspen`s existing debt service commitments and
future possible investments, the Aspen Board of Directors has resolved that
there will be no cash distribution paid to shareholders this year.
The financial results, on which this trading announcement is based, have not
been reviewed or reported on by Aspen`s external auditors.
Aspen`s results will be published on SENS on 08 September 2009.
Johannesburg
01 September 2009
Sponsor
Investec Bank Limited
Date: 01/09/2009 10:10:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
