Italtile Limited - Trading statement
Italtile Limited
(Incorporated in the Republic of South Africa)
(Registration number 1955/000558/06)
ISIN: ZAE000003679 Share code: ITE
(`Italtile` or `the company`)
TRADING STATEMENT
In terms of the JSE Securities Exchange South Africa Listings Requirements,
companies are required to publish a trading statement as soon as they are
reasonably certain that the financial results for the current reporting period
will be more than 20% different than that of the prior comparative period
In light of the above, Italtile expects to announce net profit and headline
earnings for the six months ended 31 December 2004 that will be 25% to 30%
higher than that of the prior comparative period. This robust performance is a
reflection of favourable conditions experienced in the retail environment, the
strength of the group`s CTM and Italtile brands and leverage afforded as a
leading purchaser of tiles globally.
Shareholders are advised that the above information has not been reviewed or
reported on by the company`s auditors and the company`s results for the six
months ended 31 December 2004 are expected to be published on 10th February
2005.
Johannesburg
19 January 2005
Sponsor
Nedbank Capital
Date: 19/01/2005 08:30:05 AM
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