DAWN - Press Release
Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
Registration number 1984/008265/06
Share Code: DAW & ISIN code: ZAE000018834
* Revenue from ongoing operations up 32,9% to R1,341 billion
* Operating profit up 116,9% to R137,2 million
* Attributable earnings up 87,1% to R84,2 million
* Headline earnings per share up 72,8% to 52,05 cents
* Operating margin up to 10,1% from 6,0%
* Free cash flow generated of R73,0 million
`We are pleased with the Group`s strong performance over the reported period.
Our strategic initiatives coupled with a solid empowerment profile are producing
excellent results whilst we continue to focus on revenue generation and
operating efficiencies. Going forward, we are perfectly positioned to benefit
fully from the favourable climate in the market segments in which the company
operates.`
Derek Tod, Chief Executive Officer.
18 August 2005
Date: 18/08/2005 01:16:03 PM
Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
