| Tue 10 May 2011, 7:14 | | SNV - Santova - Trading statement |
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SNV
SNV
SNV - Santova - Trading statement
SANTOVA LOGISTICS LIMITED
(Registration Number 1998/018118/06)
Share Code: SNV ISIN: ZAE000090650
("Santova" or "the Company")
TRADING STATEMENT
In terms of the listing requirements of the JSE Limited ("JSE"),
a company has to publish a trading statement if an increase or
decrease of more than 20% (compared to the previous reporting
period) in its basic earnings per share or headline earnings per
share is expected.
Shareholders of Santova are advised that Group earnings and Group
headline earnings per share for the year ended 28 February 2011
will be approximately 1,25 and 0,98 cents per share,
respectively, an increase of 312,3% and 217,9% respectively, to
the last published 28 February 2010 annual results.
The increase in Group earnings and Group headline earnings per
share can be attributed to the general improvement in trading
levels experienced globally during the year.
This trading statement and SENS announcement has not been
reviewed nor audited by the Company`s auditors, Deloitte &
Touche.
The Company expects to publish its audited abridged group results
for the year ended 28 February 2011, after Board approval, on or
about 24th May 2011 and post its integrated report on or about
30th May 2011.
Durban
10 May 2011
Designated Advisor
River Group
Date: 10/05/2011 07:14:01 Produced by the JSE SENS Department.
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