Metro Cash And Carry Limited - Company Announcemen
Metro Cash And Carry Limited - Company Announcement
Metro Cash and Carry Limited
(Registration Number 1946/021315/06)
(ISIN Code: ZAE000012688)
(Share Code: MTC)
COMPANY ANNOUNCEMENT
Metcash Trading Limited, the Australian listed subsidiary of Metro Cash
and Carry Limited today issued a statement in terms of the requirements
of the Australian Stock Exchange on the expected results for the six
months to 31st October 2002. Extracts from the statement are set out
below:
"At the company`s Annual General Meeting on the 4th September 2002
Members were advised that Sales for the first quarter are up 19.4% on
last year.
Based on the above and excluding any unforeseen events, the Board is
comfortable to forecast that profit after tax for the current six months
to 31st October 2002 will be between 35% and 40% above the $26.5 million
earned in the same period last year. This advice is provided prior to
completing the October profit reports and the subsequent audit review."
Date: 04/09/2002 08:33:00 AM Produced by the JSE SENS Department
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