| Tue 30 Mar 2021, 13:30 | | YORK TIMBER HOLDINGS LIMITED - Unaudited condensed consolidated interim financial results for the six months ended 31 December 2020 |
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Unaudited condensed consolidated interim financial results for the six months ended 31 December 2020
York Timber Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1916/004890/06)
JSE share code: YRK
ISIN: ZAE000133450
("York" or the "Company")
www.york.co.za
Unaudited condensed consolidated interim financial results for the six
months ended 31 December 2020
Results overview
- Revenue increased by 2%
- EBITDA (earnings before interest, tax, depreciation and amortisation,
impairment and fair value adjustments) increased by R99 million
- Debt reduced by R92 million
- Cash generated from operations increased by R135 million
- Earnings per share improved to 13 cents per share (2019: loss of
19 cents per share)
- Headline earnings per share improved to 13 cents per share (2019: loss
of 20 cents per share)
- No dividend has been declared for the interim period ended 31 December
2020 (2019: Rnil)
About this short-form announcement
This short-form announcement is the responsibility of the directors of
the Company and is only a summary of the information in the full announcement
and does not contain full or complete details. Any investment decision should
be based on the full announcement. The full announcement was made available
on SENS on 30 March 2021, and is accessible via the following JSE link
https://senspdf.jse.co.za/documents/2021/jse/isse/YRK/Interim21.pdf
and can be found on the Company's website at www.york.co.za. Copies of the
full announcement may also be requested at the Company's registered office
or the offices of One Capital, its JSE sponsor, at no charge, on Mondays to
Fridays, during office hours.
On behalf of the board of directors
PP van Zyl GCD Stoltz
Chief Executive Officer Chief Financial Officer
30 March 2021
Executive directors: Pieter van Zyl (CEO), Gabriel Stoltz (CFO)
Non-executive directors: Dr Jim Myers* (Chairman, USA), Dr Azar Jammine*,
Shakeel Meer, Dinga Mncube*, Andries Brink*, Hetisani Mbanyele-Ntshinga*,
Max Nyanteh* (*independent)
Registered office: York Corporate Office, 3 Main Road, Sabie, Mpumalanga
Postal address: PO Box 1191, Sabie, 1260
Auditor: PricewaterhouseCoopers Inc. Company Secretary: Sue Hsieh
Sponsor: One Capital
Transfer secretaries: Computershare Investor Services Proprietary Limited
Date: 30-03-2021 01:30:00
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