BIO - BioScience Brands Limited - Trading Statement Update
BIO
BIO
BIO - BioScience Brands Limited - Trading Statement Update
BioScience Brands Limited
(Registration number 2005/005805/07)
Incorporated in the Republic of South Africa
Share code: BIO
ISIN code: ZAE000115036
("BioScience" or "the Company")
TRADING STATEMENT UPDATE
Subsequent to the Trading statement dated 10 September 2010, shareholders are
advised that the results for the twelve months ended 30 June 2010, are expected
to improve on the prior twelve month period loss per share and headline loss per
share by between 60% and 80%. As mentioned previously, ongoing difficult trading
conditions for premium priced nutritional supplements has delayed BioScience`s
return to profitability but the health of the key brands is strong and poised
for the recovery with investment in advertising being maintained at 13.5% of
turnover.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Group`s external auditors. The results for the
year ended 30 June 2010 will now be published on 27 September 2010 and not 30
September 2010 as previously published..
Durban
22 September 2010
Designated Advisor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 22/09/2010 15:30:01 Produced by the JSE SENS Department.
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