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 Group")
TRADING STATEMENT
In accordance with paragraph 3.4(b) of the Listings Requirement of the JSE
Limited, shareholders are advised that Nu-World, for its six months ended 28
February 2010, is expecting an increase in earnings per share ("EPS") of
between 160% and 170% and an increase in headline earnings per share ("HEPS")
of between 100% and 110% compared to the previous corresponding reporting
period. The restructuring programme has been completed and has yielded
positive returns. The Group has enjoyed solid trading results over the
period. The Board is confident of continued positive performance throughout
2010.
The financial information on which this trading statement has been based has
not been reviewed or reported on by the Group`s auditors. The Group`s results
for the six month ended 28 February 2010 are expected to be published on or
about 21 April 2010.
Johannesburg
24 March 2010
Sponsor:
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 24/03/2010 16:00:01 Produced by the JSE SENS Department.
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