Go Back Email this Link to a friend


Omnia - Trading Update

Release Date: 11/02/2003 14:44:22      Code(s): OMN
Omnia - Trading Update                                                          
OMNIA HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/003680/06)                                           
Share Code: OMN                                                                 
ISIN Code: ZAE000005153                                                         
("Omnia" or "the Group")                                                        
TRADING UPDATE                                                                  
The directors of specialist chemical services group, Omnia, advise that the     
factors outlined in the interim results announcement in December 2002 have      
continued to favour the Group and it expects a significant improvement in       
earnings for the year to March 2003.                                            
The Group`s model of creating value for customers by leveraging its intellectual
capital and technology to deliver customer-centric services and products has    
continued to yield excellent results in all its markets.                        
The Southern African fertilizer market, with the exception of Zimbabwe, has been
driven mainly by regional shortages for agricultural produce.  Despite prices   
declining due to the strengthening of the Rand, the farming industry remains    
buoyant with prospects for good harvests and good produce prices.               
The Group is also experiencing growth in its mining explosives and industrial   
chemicals divisions and the contribution to Group earnings from these businesses
is set to continue at the levels achieved last year.                            
Johannesburg                                                                    
11 February 2003                                                                
Sponsor:  Barnard Jacobs Mellet Corporate Finance (Pty) Limited                 
Date: 11/02/2003 02:44:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.