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 earnings per
share and headline earnings per share for the year ended 28 February 2005 will
be between 310% and 330% 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.
Pursuant to the trading update released in December 2004 where shareholders were
advised that the earnings per share and headline earnings per share for the year
ended 28 February 2005 would be between 250% and 270% higher than those for the
year ended 29 February 2004, the Board is pleased to announce that the extremely
pleasing trading results experienced by the Group for the first 9 months of the
year to November 2004 continued through the December period and the Board is
confident that these good trading results will continue 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
25 January 2005
Sponsor: Java Capital (Pty) Ltd
Date: 25/01/2005 01:44:48 PM
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