NPK
NPK
NPK - Nampak Limited - Trading Statement
Nampak Limited
(Incorporated in the Republic of South Africa)
Registration number: 1968/008070/06)
ISIN: ZAE000071676
Share code: NPK
("Nampak" or "the Company")
Trading Statement
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a
company is required to publish a trading statement as soon as it becomes
reasonably certain that its financial results for the period to be reported on
next will differ by 20% or more from those of the corresponding period of the
previous year. Nampak advises that for the year ending 30 September 2010, its
headline earnings per share is expected to be between 70% and 90% higher than
the 83.8 cents per share for the year ended 30 September 2009. Basic earnings
per share is expected to be between 290% and 310% higher than the 34.9 cents per
share for the year ended 30 September 2009. Operating profit for the same period
is expected to be between 130% and 150% higher than operating income for the
corresponding period in the previous year.
This is mainly due to improved trading results in the corrugated division and
the Leeds UK cartons business in comparison to the same period last year. In
addition, major impairments of assets and significant restructure costs in the
4th quarter of last year, are not expected to be repeated.
The results in respect of the reporting period have not been reviewed or
reported on by the Company`s auditors and are expected to be finalised and
published on SENS on 22 November 2010.
Sandton
28 July 2010
Sponsor: UBS (South Africa) (Pty) Limited
Date: 28/07/2010 11:44:30 Produced by the JSE SENS Department.
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