KUMBA IRON ORE LIMITED - Voluntary trading statement for the six months ended 30 June 2014
KIO 201407110028A
Voluntary trading statement for the six months ended 30 June 2014
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
(“Kumba” or "the Company")
VOLUNTARY TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2014
Kumba is currently finalising its results for the six months ended 30
June 2014 ("the period"), which will be released on SENS on 22 July
2014. Headline earnings and basic earnings for the period are expected
to be between R6,255 million and R6,895 million, with headline earnings
per share ("HEPS") and earnings per share ("EPS") to be between R19.50
and R21.50.
Headline earnings and basic earnings reported for the six months ended
30 June 2013 (as released on SENS on 23 July 2013) ("the comparative
period") were R7,748 million and R7,759 million respectively while HEPS
and EPS reported for the comparative period were R24.13 and R24.16
respectively.
The decrease in earnings is largely attributable to a decrease in export
iron ore prices.
The financial information on which this trading statement is based has
not been reviewed and reported on by the Company’s external
auditors.
Pretoria
11 July 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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