NPK
NPK
NPK - Nampak Limited - Trading Statement
Nampak Limited
(Incorporated in the Republic of South Africa)
Registration Number: 1968/008070/06
ISIN: ZAE000071676
Share Code: NPK
("Nampak" or "the Company")
Trading Statement
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a
company is required to publish a trading statement as soon as it becomes
reasonably certain that its financial results for the period to be reported on
next will differ by at least 20% or more from those of the corresponding period
of the previous year.
Nampak is in the process of finalising its results for the six months ended 31
March 2012 and these results are expected to be published on SENS on 29 May
2012. Headline earnings per share and basic earnings per share from continuing
operations are expected to be between 10% and 20% higher than the 93.5 cents per
share and 96.4 cents per share respectively for the six months ended 31 March
2011. The increased earnings are due mainly to an improvement in operating
profit and a reduction in the tax charge.
For the six month period to 31 March 2012, basic earnings per share from
continuing and discontinued operations are expected to be between 140% and 160%
higher than the 45.5 cents per share for the six months ended 31 March 2011 as a
result of the loss incurred on discontinued operations in 2011.
The loss referred to above is not taken into account in the calculation of
headline earnings per share from continuing and discontinued operations.
Therefore, the headline earnings per share will be between 5% and 15% higher
than the 97.2 cents per share for the six months ended 31 March 2011.
The above information has not been reviewed or reported on by the Company`s
external auditors.
Sandton
10 May 2012
Sponsor: UBS (South Africa) (Pty) Limited
Date: 10/05/2012 17:49:12 Produced by the JSE SENS Department.
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