MAS
MAS
MAS - Masonite (Africa) Limited - Trading Update
Masonite (Africa) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code : MAS ISIN : ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that Masonite`s results from operations, excluding the
increase in fair value of biological assets, for the 6 months ended 30 June 2009
is expected to be 45% to 55% higher than that of the comparative period in 2008.
However, in comparison to the 6 months ended 30 June 2008, the adjustment for
biological assets was lower, which has resulted in earnings per share and
headline earnings being 20% to 30% lower.
Expectations for the balance of the year should take into account a slowdown in
business activity, and the negative effect of a strong Rand on both exports and
domestic margins.
The information in this trading update has not been reviewed or reported on by
Masonite`s auditors.
Masonite`s results for the six months ended 30 June 2009 are expected to be
published on or about 30 September 2009.
Durban
18 September 2009
Sponsor
Nedbank Capital
Date: 18/09/2009 16:00:02 Produced by the JSE SENS Department.
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