TNT
THGL
Tongaat-Hulett - Trading update
The Tongaat-Hulett Group Limited
(Registration number 1892/000610/06)
Share code: TNT
Issuer Code: THGL
ISIN ZAE000007449
("The Group")
Tongaat-Hulett - Trading update
The Group"s headline earnings for the year ended 31 December 2005 are expected
to be between R460 million and R470 million (2004: R206 million). Headline
earnings and headline earnings per share are thus expected to exceed the
previous year by between 123% and 128% and between 121% and 125%, respectively.
The Group is benefiting from its multiple management actions to grow earnings.
Operating profit is expected to be between R725 million and R735 million in
2005, compared to R358 million in 2004, with significant increases being
achieved by all the operations. African Products is expected to contribute
approximately 15% of the 2005 operating profit, Hulett Aluminium (the Group"s
50% shareholding) 22%, Moreland 30% and Tongaat-Hulett Sugar (including
dividends from Triangle Sugar Zimbabwe) 33%.
This trading statement is issued in compliance with the JSE Securities Exchange
South Africa Listings Requirements. The above information has not been reviewed
and reported on by the Group"s auditors.
2 February 2006
Tongaat
Sponsor: Investec Bank Limited
Date: 02/02/2006 12:40:53 PM Produced by the JSE SENS Department
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