ART
ART
ART - Argent Industrial Limited - Trading update
Argent Industrial Limited
(Incorporated in the Republic of South Africa)
Registration number 1993/002054/06
ISIN: ZAE000019188
JSE Share code: ART
("Argent" or "the company")
TRADING UPDATE
In terms of the Listing Requirements of the JSE Limited, a listed
company is required to publish a trading statement when it has
reasonable certainty that the financial results for the financial
period to be reported in next will vary by 20% or more from those of
the previous comparable period.
Argent hereby advises that the group`s business has continued to
improve since year end and it is accordingly expected that the group`s
basic and diluted headline earnings per share for the six months ending
30 September 2010 are anticipated to increase by at least 20% to that
of the comparative period.
The directors at this stage are unable to quantify, with any degree of
certainty, the expected basic and headline earnings per share for the
six months ending 30 September 2010 and will release a further
announcement containing such detail at a later stage.
The financial information on which this trading statement is based has
not been reviewed or reported on by the group`s external auditors.
Umhlanga
23 August 2010
Sponsor: Investec Bank Limited
Date: 23/08/2010 13:10:52 Produced by the JSE SENS Department.
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