ILV 201311140004A
Trading Statement
ILLOVO SUGAR LIMITED
(Incorporated in the Republic of South Africa)
Company registration number 1906/000622/06
Share Code: ILV
ISIN: ZAE000083846
(“Illovo” or “the Company”)
Voluntary Trading Statement for the year ending 31 March 2014
Increased sugar production and currency weakness will assist earnings
for the year ending 31 March 2014. However, late season cane yield
declines in Zambia and Mozambique and difficult sugar market conditions
are expected to negatively impact full year earnings. Consequently,
earnings and earnings per share for the full year are likely to be
between 0% and 10% higher than the previous year to 31 March 2013.
Likewise, headline earnings and headline earnings per share are
anticipated to be within the same range.
The financial information on which this trading statement is based, has
not been reviewed or reported on by our auditors.
On behalf of the Board
J A Kunst
Company Secretary
Mount Edgecombe
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited.
14 November 2013
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