YRK 201509040033A
Trading statement
York Timber Holdings Limited
Incorporated in the Republic of South Africa
Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000133450
(“York” or the “Company”)
TRADING STATEMENT
York is in the process of finalising its results for the year ended 30 June 2015 for release
prior to 30 September 2015.
In terms of paragraph 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 upon next will
differ by at least 20% from the previous corresponding period.
Accordingly, shareholders are advised that:
- Operating profit for the year ended 30 June 2015 is likely to be between 20% and
24% higher than that reported for the comparative period.
- Net cash from operating activities is likely to be between 18% and 21% higher than
that reported for the comparative period.
- The biological asset valuation at 30 June 2015 exceeds that at 30 June 2014, and
the increase in the valuation for the period exceeded the increase for the
comparative period.
- Earnings per share (“EPS”) for the year ended 30 June 2015 are expected to be
between 105% and 110% higher than the EPS reported for the comparative period.
EPS are expected to increase from 15 cents in the comparative period to between
30.8 and 31.5 cents.
- Headline earnings per share (“HEPS”) for the year ended 30 June 2015 are expected
to be between 105% and 110% higher than the HEPS reported for the comparative
period. HEPS are expected to increase from 14 cents in the comparative period to
between 28.7 and 29.4 cents.
Shareholders are advised that the information included in this announcement has not been
reviewed or reported on by the Company’s auditors.
Sabie, Mpumalanga
4 September 2015
Sponsor
One Capital
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