ISB
ISB
ISB - Insimbi Refractory and Alloy Supplies Limited - Revised trading statement
for the year ended 29 February 2012
Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
("Insimbi" or "the Company" or "the group")
REVISED TRADING STATEMENT FOR THE YEAR ENDED 29 FEBRUARY 2012
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they are satisfied that a reasonable
degree of certainty exists that the financial results for the period to be
reported on will differ by 20% or more from the financial results for the
previous corresponding period. Shareholders are referred to our original trading
statement dated 19 January 2012 in which they were advised that financial
results were expected to be at least 20% higher than the previous period ended
28 February 2011.
Shareholders are now further advised that the headline earnings per share
("HEPS") for the year ended 29 February 2012 is expected to be a profit of
approximately 6.0 cents per share (2011: profit of 3,9 cents per share), an
increase of approximately 54% on previous year HEPS and that earnings per share
("EPS") is expected to be a profit in the current year of approximately 6.0
cents per share (2011: profit of 4.63 cents per share), an increase of
approximately 30% on previous year EPS.
The group is in the final stages of finalising its audited results for the year
ended 29 February 2012 which are expected to be published on SENS on or before
31 May 2012. Shareholders are further advised that the above information has not
been reviewed or reported on by the group`s auditors.
Johannesburg
11 May 2012
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 11/05/2012 10:03:01 Produced by the JSE SENS Department.
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