PRETORIA PORTLAND CEMENT COMPANY LIMITED - TRADING STATEMENT AND CAUTIONARY
ANNOUNCEMENT
PRETORIA PORTLAND CEMENT COMPANY LIMITED
(Registration number 1892/000667/06)
JSE code : PPC
ISIN : ZAE 000005559
(PPC or the company)
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
In terms of Listings Requirements of the JSE Securities Exchange South Africa,
PPC is required to issue a trading statement as soon as it becomes aware that
its financial results for the next period to be reported on are expected to be
materially different from those of the prior comparable period.
The Chairman reported at the Annual General Meeting in January that trading for
the first quarter had been favourable and that local cement sales volumes grew
ahead of expectation.
Domestic cement demand has continued to be buoyant and will result in stronger
than anticipated growth in sales volumes and revenues for PPC.
Accordingly, PPC advises that its headline earnings for the half-year ended to
31 March 2004 are expected to be materially higher than that of the previous
corresponding period (materially being an increase of between 10% and 30% as
defined in the JSE Listing Requirements).
As the forecast has not been reviewed or reported on by PPCs auditors,
shareholders are advised to exercise caution when dealing in PPC shares until
the release of the interim announcement of results for the half year ended 31
March 2004 which are expected to be published on or about 6 May 2004.
By order of the Board
Johannesburg
15 March 2004
Sponsor
Cazenove
Enquiries:
Pretoria Portland Cement Company Limited
Peter Esterhuysen Tel: +27 11 386-9061
Director, Finance and Administration
Date: 15/03/2004 11:55:05 AM Produced by the JSE SENS Department
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