ART - Argent Industrial Limited - Trading Statement
ART
ART
ART - Argent Industrial Limited - Trading Statement
Argent Industrial Limited
(Incorporated in the Republic of South Africa)
Registration number 1993/002054/06
ISIN: ZAE000019188
JSE Share code: ART
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are
required to publish a trading statement as soon as they are reasonably certain
that the financial results for the current reporting period will differ by
more than 20% from those of the previous corresponding period.
Argent accordingly advises that it expects the Group`s headline earnings per
share for the half year ended 30 September 2009 to be between 90% and 99%
lower compared to the previous corresponding period. This equates to a
headline earnings per share of between 11.0 and 1.1 cents per share, compared
to headline earnings of 109,7 cents per share for the previous corresponding
period.
Earnings per share for the half year ended 30 September 2009 are estimated to
be between 91% and 100% lower compared to the previous corresponding period.
This equates to an earnings per share of between 9.6 and 0.0 cents per share,
compared to earnings of 106.9 cents per share for the previous corresponding
period.
Trading during the period proved to be very difficult as a result of the
global economic recession, the worst seen in many years.
The above information has not been reviewed or reported on by the Group`s
external auditors. It is anticipated that the results for the half year ended
30 September 2009 are to be published on or about 25 November 2009.
Umhlanga
9 October 2009
Sponsor: Investec Bank Limited
Date: 09/10/2009 13:43:01 Produced by the JSE SENS Department.
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