IWE - Interwaste Holdings Limited - Trading Update
IWE
IWE
IWE - Interwaste Holdings Limited - Trading Update
Interwaste Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/037223/06)
JSE code: IWE
ISIN:ZAE000097903
("Interwaste" or "the company" or "the group")
TRADING UPDATE
Shareholders are advised that Interwaste is finalising its results for the six
months ended 30 June 2011 and anticipates that the group will reflect basic
earnings per share of between 0.24 and 0.30 cents, and headline earnings per
share of between 0.32 and 0.40 cents, for the period.
Shareholders are referred to the 2010 annual report which provided details of
the prior year adjustment that restated the results for the year ended 31
December 2009. The report also detailed certain impairments applicable to the
results for the year ended 31 December 2010. A portion of those impairments
related to the period 1 January 2010 to 30 June 2010 and consequently, the
comparative figures (to 30 June 2010) in the impending report on the results for
the six months ended 30 June 2011, have been restated. The revised comparative
results reflect a basic loss of 1.42 cents (previously a profit of 2.39 cents)
per share, and a headline loss of 1.60 cents (previously a profit of 1.86 cents)
per share.
The financial information contained in this trading update has not been reviewed
and/or reported on by the company`s auditors.
The company`s unaudited results for the period ended 30 June 2011 will be
released on SENS before 30 September 2011.
Randburg
19 August 2011
Designated Adviser
Vunani Corporate Finance
Date: 19/08/2011 15:16:03 Produced by the JSE SENS Department.
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