MAS
MAS
MAS - Masonite - Trading update
Masonite (Africa) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code: MAS ISIN: ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that Masonite`s profit from operations, excluding the
adjustment in fair value of biological assets, for the year ended 31 December
2010 is expected to be 80% to 90% lower than that of the comparative period in
2009.
Earnings per share and headline earnings per share are expected to be 85% to 95%
lower than that of the prior comparative period. This decline was mainly
attributable to the slowdown in the building and construction sector of the
domestic economy and the strengthening of the local currency, leading to price
reductions in the local market.
The information in this trading update has not been reviewed or reported on by
Masonite`s auditors.
The results are expected to be released towards the end of March 2011.
Durban
07 March 2011
Sponsor
Nedbank Capital
Date: 07/03/2011 16:00:02 Produced by the JSE SENS Department.
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