TAS
TAS
TAS - Taste Holdings Limited - Trading update
Taste Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2000/002239/06)
JSE code: TAS
ISIN: ZAE000081162
("Taste" or "the company")
TRADING UPDATE
Taste is currently finalising its results for the year ended 28 February 2010
and shareholders are advised that the directors expect headline earnings per
share ("HEPS") to decrease by between 0% and 15% and earnings per share ("EPS")
to decrease by between 20% and 40% compared to those for the year ended 28
February 2009 ("2009 year").
The expected decrease in EPS mainly relates to once-off income of R6.9 million
in the form of negative goodwill recognised on the acquisition of NWJ Holdings
(Pty) Limited, included in EPS for the 2009 year. This income is excluded when
determining HEPS.
The financial information on which this trading update is based has not
been reviewed or reported on by the company`s auditors.
Johannesburg
5 March 2010
Designated Adviser
Vunani Corporate Finance
Date: 05/03/2010 11:23:02 Produced by the JSE SENS Department.
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