Go Back Email this Link to a friend

Omn - Omnia Holdings Limited - Trading Statement

Release Date: 24/05/2010 11:47:01      Code(s): OMN
OMN - Omnia Holdings Limited - Trading Statement                                
OMNIA HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/003680/06)                                           
JSE Code: OMN                                                                   
ISIN: ZAE000005153                                                              
("Omnia" or "the Company")                                                      
Trading Statement                                                               
Omnia is a diversified specialist chemical services company providing customised
solutions to the chemicals, mining, and agriculture markets.                    
Following the losses reported at the September 2009 interim stage and in line   
with comments made in the previous trading statement published on 8 March 2010, 
Omnia expects earnings and headline earnings per share to be between 85% and 95%
below those of the previous comparable financial year.                          
The main reasons for the considerable reduction in earnings from an abnormally  
buoyant previous year`s earnings is due to significant stock write downs        
following international commodity price reductions coupled with the continued   
strengthening of the Rand.                                                      
Omnia remains focused on balancing the Group`s risk profile and the Company is  
well positioned in the three critical sectors of the future (agriculture, water,
and alternative energy)                                                         
The results for the year ended 31 March 2010 are expected to be published on or 
about 9 June 2010.                                                              
The information contained in this announcement has not been reviewed or reported
on by Omnia`s auditors.                                                         
24 May 2010                                                                     
One Capital                                                                     
Date: 24/05/2010 11:47:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          

Email this JSE Sens Item to a Friend.

Send e-mail to
© 2018 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.