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NWL - NU-World Holdings Limited - Trading statement

Release Date: 05/10/2009 12:10
Code(s): NWL
Wrap Text

NWL - NU-World Holdings Limited - Trading statement NU-WORLD HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration No. 1968/002490/06) Share Code: NWL ISIN code: ZAE000005070 ("Nu-World" or "the company") TRADING STATEMENT Shareholders are advised that Nu-World, for its year ended 31 August 2009, is expecting a decline in earnings per share ("EPS") of between 35% and 45% and a decline in headline earnings per share ("HEPS") of between 25% and 35% compared to the previous corresponding reporting period. This decline is largely as a result of adverse trading conditions in our offshore and local manufacturing operations. The Group has rationalized and restructured these organizations, which was completed by the financial yearend. The financial information on which this trading statement is based has not been reviewed or reported on by Nu-World`s auditors. Nu-Worlds audited results are expected to be published on or about 27 October 2009. Johannesburg 5 October 2009 Sponsor : Sasfin Capital (a division of Sasfin Bank Limited) Date: 05/10/2009 12:10:10 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.

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