SOL - Sasol Limited - Sasol limited voluntary trading statement for the year Release Date: 04/08/2010 08:31:01 Code(s): SOL
SOL - Sasol Limited - Sasol limited voluntary trading statement for the year
ended 30 June 2010
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
ISIN: ZAE000006896 US8038663006
Share codes: JSE - SOL NYSE - SSL
SASOL LIMITED VOLUNTARY TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2010
An overall improvement in market conditions, higher production volumes and cost
containment have benefited earnings for the financial year ended 30 June 2010.
Shareholders are accordingly advised that headline earnings per share (HEPS) for
the year ended 30 June 2010 are expected to increase by 0% to 8%, and earnings
per share (EPS) are expected to increase by 12% to 20% compared to the previous
The difference between HEPS and EPS is attributable to the impact of re-
measurement items relating to the EGTL project in Nigeria and other impairments
which were included in the prior financial year. Shareholders should also note
the impact of significant once off items included in the prior financial year as
reflected in the 2009 annual financial statements.
The Group remains strongly cash generative and maintains a healthy balance
Sasol`s financial results for the year ended 30 June 2010 will be announced on
Monday, 13 September 2010.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Company`s external auditors.
4 August 2010
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
Forward-looking statements: In this document we make certain statements
that are not historical facts and relate to analyses and other information
which are based on forecasts of future results and estimates of amounts not
yet determinable. These statements may also relate to our future prospects,
developments and business strategies. Examples of such forward-looking
statements include, but are not limited to, statements regarding exchange
rate fluctuations, volume growth, increases in market share, total shareholder
return and cost reductions. Words such as "believe", "anticipate", "expect",
"intend", "seek", "will", "plan", "could", "may", "endeavour" and "project"
and similar expressions are intended to identify such forward-looking
statements, but are not the exclusive means of identifying such statements.
By their very nature, forward-looking statements involve inherent risks and
uncertainties, both general and specific, and there are risks that the
predictions, forecasts, projections and other forward-looking statements will
not be achieved. If one or more of these risks materialise, or should underlying
assumptions prove incorrect, our actual results may differ materially from
those anticipated. You should understand that a number of important factors
could cause actual results to differ materially from the plans, objectives,
expectations, estimates and intentions expressed in such forward-looking
statements. These factors are discussed more fully in our most recent annual
report under the Securities Exchange Act of 1934 on Form 20-F filed on 9 October
2009 and in other filings with the United States Securities and Exchange
Commission. The list of factors discussed therein is not exhaustive; when
relying on forward-looking statements to make investment decisions, you should
carefully consider both these factors and other uncertainties and events.
Forward-looking statements apply only as of the date on which they are made,
and we do not under take any obligation to update or revise any of them, whether
as a result of new information, future events or otherwise.
Date: 04/08/2010 08:31:01 Supplied by www.sharenet.co.za
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