ISB 201409120021A
Trading Statement
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”)
TRADING STATEMENT
In terms of section 3.4 (b) 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 at least 20% or more from the financial results
for the previous corresponding period.
We expect EPS and HEPS from continuing operations to decrease by between 22% and 27% compared to
the corresponding period last year.
The decrease in EPS and HEPS from continuing operations can be attributed to the 4 week Numsa strike
experienced in July which had a significant effect on foundry and aluminum sectors of Insimbi’s business.
Unfortunately due to intimidation during the strike, the other sectors of Insimbi’s business which did not fall
under Numsa e.g. cement, paper and pulp, textiles were also affected as this made logistics impossible.
However; it should be noted that all operations have performed well during the year with the exception of
this 4 week strike in July.
Insimbi expects to release its interim results by no later 30 November 2014. The financial information on
which this trading statement is based has not been reviewed and reported on by the Company’s auditors.
Johannesburg
12 September 2014
Sponsor: Bridge Capital Advisors (Pty) Limited
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