ARGENT INDUSTRIAL LIMITED - Unaudited Interim Consolidated Results for the 6 months ended 30 September 2020

Unaudited Interim Consolidated Results for the 6 months ended 30 September 2020

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
(“Argent” or “the company” or “the group”)

UNAUDITED INTERIM CONSOLIDATED RESULTS FOR THE 6 MONTHS ENDED 30 SEPTEMBER 2020


 FINANCIAL SUMMARY                                           30 Sept 2020      30 Sept 2019         % change
 Income statement
 Revenue                                      R 000               874 086           871 516            0.3%
 EBITDA                                       R 000                89 477            72 866           22.8%
 Operating profit                             R 000                63 323            59 822            5.9%
 Profit for the year                          R 000                44 730            40 277           11.1%
 Statement of financial position
 Total assets                                 R 000             1 668 331         1 512 004           10.3%
 Total liabilities                            R 000               582 994           455 860           27.9%
 Total shareholders’ funds                    R 000             1 085 337         1 056 144             2.8%
 Net asset value per share                    cents               1 746.6           1 370.9           27.4%
 Shares in issue
 At end of period excluding treasury shares   000                  61 021            75 518           (19.2%)
 Weighted average                             000                  61 021            76 230           (20.0%)
 Earnings and dividend per share
 Basic earnings per share                     cents                  74.3              49.7           49.5%
 Headline earnings per share                  cents                  73.7              50.1           47.1%
 Dividend per share *                         cents                   0.0               0.0            0.0%
 *No dividend was declared. Excess funds will be utilised for the share buy-back programme.

 This short-form announcement is the responsibility of the directors of the company. It contains only a summary of the
 information in the full announcement (“Full Announcement”) and does not contain full or complete details. The Full
 Announcement can be found at: https://senspdf.jse.co.za/documents/2020/JSE/ISSE/ART/INTERIMS.pdf

 Copies of the full announcement is available for viewing on the company’s website at www.argent.co.za/info/interim
 results/Interim Results Sep20 or may be requested in person, at the company’s registered office or the office of the
 sponsor, at no charge, during office hours.

 Any investment decisions by investors and/or shareholders should be based on consideration of the Full
 Announcement, as a whole.

 Umhlanga
 6 November 2020

 Sponsor
 PSG Capital

Date: 06-11-2020 12:27:00
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