NWL
NWL
NWL - NU-World Holdings Limited - Trading statement
NU-WORLD HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1968/002490/06)
Share Code: NWL ISIN code: ZAE000005070
("Nu-World" or "the company")
TRADING STATEMENT
Shareholders are advised that Nu-World, for its year ended 31 August 2009, is
expecting a decline in earnings per share ("EPS") of between 35% and 45% and a
decline in headline earnings per share ("HEPS") of between 25% and 35% compared
to the previous corresponding reporting period. This decline is largely as a
result of adverse trading conditions in our offshore and local manufacturing
operations. The Group has rationalized and restructured these organizations,
which was completed by the financial yearend.
The financial information on which this trading statement is based has not been
reviewed or reported on by Nu-World`s auditors.
Nu-Worlds audited results are expected to be published on or about 27 October
2009.
Johannesburg
5 October 2009
Sponsor :
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 05/10/2009 12:10:10 Produced by the JSE SENS Department.
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