Sovereign - Trading Statement
SOVEREIGN FOOD INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1995/003990/06
Share Code: SOV
ISIN Number: ZAE000009221
(`Sovereign` or `the company`)
TRADING STATEMENT
In terms of the Listing Requirements of the JSE Securities Exchange South
Africa, shareholders are advised that Sovereign expects that the results for the
year ended 28 February 2005 will be between 250% and 270% higher than those for
the year ended 29 February 2004.
The Group had earnings per share of 25.0 cents for the year ended 29 February
2004.
As stated at the time of the publication of the Group`s results for the six
months to August 2004, the strategic realignment that the Group embarked upon in
the prior year has been very successful. The Board is able to confirm that the
extremely pleasing results enjoyed in the six months to August 2004 have
continued into the third quarter and the Board is confident that this successful
strategy will continue to yield good results through to February 2005.
The financial information on which this trading statement has been based has not
been reviewed or reported on by the company`s auditors.
Uitenhage
8 December 2004
Sponsor
Java Capital (Pty) Ltd
Date: 08/12/2004 03:07:02 PM
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