AFROX HEALTHCARE LIMITED - THE BOC GROUP PLC: PUBL
AFROX HEALTHCARE LIMITED - THE BOC GROUP PLC: PUBLICATION OF QUARTERLY RESULTS
AFROX HEALTHCARE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1985/001313/06)
(`Ahealth`)
ISIN: ZAE000022059 Share code: AHH
THE BOC GROUP PLC: PUBLICATION OF QUARTERLY RESULTS
The board of Directors of Ahealth wishes to advise shareholders that its
ultimate parent company, The BOC Group Plc, a London listed company, released
its results on 3 August 2004 for the quarter ended 30 June 2004, in which
reference was made to Ahealth`s quarter ended 30 June 2004. The information
made available is as follows:
`AFROX HOSPITALS
The volume of business increased slightly and revenues increased further as a
result of tariff increases agreed earlier in the year. There was also an
increase in adjusted operating profit as a result of improved business
efficiency.
Third Quarter 9 months to 30
June
Afrox 2004 2003 2004 2003
Hospitals GBPm GBPm GBPm GBPm
(excluding
exceptional
items)
Turnover 109.9 93.3 314.8 249.7
Operating 15.8 12.1 41.9 30.7
profit
The proposed disposal by African Oxygen Limited of its holding in Afrox
Healthcare Limited, which has been cleared by the South African Competition
Commission, is now being reviewed by a Competition Tribunal which has now
adjourned until further hearings scheduled for September.`
Shareholders are advised that the operating profit as reported by BOC is after
translating the results at actual currency rates and after deducting BOC
overheads. The business continues to perform in line with the results for the
six months to March 2004.
The full details of The BOC Group Plc`s 3rd Quarter results to June 2004 are
available on BOC`s website at the following address: www.boc.com.
By order of the Board
M E Sanz
3 August 2004
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
