AFR 201303050027A
Voluntary Trading Update
AFGRI Limited
(Incorporated in the Republic of South Africa)
Registration Number: 1995/004030/06
ISIN: ZAE000040549
JSE share code: AFR
("AFGRI” or “the Company”)
Voluntary trading update
The management of AFGRI expects earnings per share and headline
earnings per share from all operations to be between 12 – 18% lower
than the previous comparable interim period.
The overall performance was overshadowed by a challenging trading
environment in the Foods segment, characterised by input cost
inflation and a drop in consumer demand on the back of significant
poultry imports into the local economy as well as margin squeeze
in the Retail business unit.
The AFGRI interim results for the period ended 31 December 2012
will be released on SENS on 13 March 2013.
This trading update has not been reviewed or reported on by AFGRI’s
external auditor
Centurion: 5 March 2013
Sponsor of the Company
Investec Bank Limited
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