| Tue 31 Jan 2012, 10:41 | | AVI - AVI Limited - Updated trading statement for the six months ended 31 |
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AVI
AVI
AVI - AVI Limited - Updated trading statement for the six months ended 31
December 2011
AVI Limited
(Registration number 1944/017201/06)
Share code: AVI
ISIN: ZAE000049433
("AVI" or "the Group")
UPDATED TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2011
Subsequent to the release of its trading update on 13 December 2011 AVI has
finalised its results for the six months ended 31 December 2011 and the final
earnings for this period are set out in the table below in accordance with
Section 3.4 (b) of the Listings Requirements of the JSE Limited:
Consolidated earnings per share for six months ended 31 December
2011 2010
(cents) (cents) %
increase
Headline earnings per share for continuing 194,4 147,8 31,5
operations
Earnings per share for continuing 195,1 143,5 36,0
operations
Headline earnings per share for total 194,4 149,5 30,0
operations
Earnings per share for total operations 200,8 145,3 38,2
Earnings per share have been calculated on a weighted average of 296 405 261
shares in issue (2010: 302 013 133).
Comparative numbers for continuing operations for the six months ended 31
December 2010 have been restated to exclude Denny`s results in line with the
disclosure adopted for the year ended 30 June 2011 and subsequent disposal of
Denny with effect from 1 July 2011.
It is expected that AVI will release its interim results for the six months
ended 31 December 2011 on or about 12 March 2012.
The information above has not been reviewed or reported on by the Group`s
auditors.
Illovo
31 January 2012
Sponsor The Standard Bank of South Africa Limited
Enquiries +(27) 11 502 1300
Date: 31/01/2012 10:41:58 Produced by the JSE SENS Department.
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