LAB - Labat Africa Limited - Trading statement for the year ended 28 February
LAB
LAB
LAB - Labat Africa Limited - Trading statement for the year ended 28 February
2011
LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
("Labat" or "the company")
TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2011
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE Limited,
listed companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the next period to be
reported on will be more than 20% different from those of the previous
corresponding period or from a profit forecast previously provided to the market
in relation to such period.
Accordingly, a review by management of the financial results for the year ended
28 February 2011 has indicated that Basic earnings per share are expected to
increase by between 130% and 140%, and the headline earnings per share is
expected to increase by between 140% to 160%, from the previous corresponding
period.
This trading statement has been reviewed by the company`s auditors.
Houghton
01 June 2011
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 01/06/2011 11:58:01 Produced by the JSE SENS Department.
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