Trading statement and update on publication of financial results for the six months ended 30 September 2021
OMNIA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1967/003680/06)
JSE code: OMN
LEI NUMBER: 529900T6L5CEOP1PNP91
ISIN: ZAE000005153
("Omnia" or the "Company" or the "Group")
TRADING STATEMENT AND UPDATE ON PUBLICATION OF THE FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2021
Omnia is in the process of finalising its financial results for the six months ended 30 September 2021.
Paragraph 3.4 of the JSE Listings Requirements requires a company to publish a trading statement as soon as
its board is satisfied that there is a reasonable degree of certainty that the financial results for a period to be
reported on will differ by more than 20% from that of the previous corresponding period.
Accordingly, a review by Omnia's board of the Group's financial results for the six months ended
30 September 2021 has indicated that:
- earnings per share is expected to increase by between 89% and 109%, from earnings per share of 151 cents
for the six months ended 30 September 2020, to earnings per share of between 287 cents and 317 cents
for the six months ended 30 September 2021; and
- headline earnings per share is expected to increase by between 95% and 115%, from headline earnings per
share of 149 cents for the six months ended 30 September 2020, to headline earnings per share of between
291 cents and 320 cents for the six months ended 30 September 2021.
In addition, a review of the Group's continuing operations, which exclude Oro Agri and Umongo Petroleum,
has indicated that:
- earnings per share from continuing operations is expected to increase by between 108% and 128%, from
earnings per share of 128 cents for the six months ended 30 September 2020, to earnings per share of
between 266 cents and 291 cents for the six months ended 30 September 2021; and
- headline earnings per share from continuing operations is expected to increase by between 116% and
136%, from headline earnings per share of 125 cents for the six months ended 30 September 2020, to
headline earnings per share of between 270 cents and 295 cents for the six months ended
30 September 2021.
Earnings measures reported above were negatively impacted by Omnia Zimbabwe which operates in a
hyperinflationary economy. The application of IAS 29 - Financial Reporting in Hyperinflationary Economies
- results in earnings volatility. Omnia Zimbabwe reported a loss after tax of approximately R29 million for
the six months ended 30 September 2021 compared to a profit after tax of R145 million for the six
months ended 30 September 2020.
The financial information on which this trading statement is based has not been reviewed or reported on by
Omnia's external auditors.
Omnia's interim results for the six months ended 30 September 2021 are anticipated to be released on Monday,
22 November 2021.
Johannesburg
8 November 2021
Sponsor
Java Capital
Date: 08-11-2021 07:05:00
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