Illovo Sugar Limited - Trading Statement
November 2009

Actual results for the six months ended 30 September 2009, compared to the corresponding period last year, will particularly reflect the positive impact of improved world market sugar prices in South Africa, increased sugar production in Zambia following the commissioning of the major expansion at Nakambala, and increased sugar production and favourable sugar sales pricing in Tanzania.

 

Accordingly, operating profits for the period are anticipated to increase by around 35%, whilst actual headline earnings per share and earnings per share for the first six months of the current financial year are expected to be between 25% and 30% higher than those of the corresponding period last year. 

 

click here for more



Click here to subscribe to our free monthly newsletter and receive articles like these direct to your email.


Comments
Have your say:
Name:
Subject:
Comment: