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NWL - Nu-World Holdings Limited - Trading Statement

Release Date: 15/04/2011 08:00
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 six months ended 28 February 2011, is expecting a decline in earnings per share ("EPS") and headline earnings per share ("HEPS") of between 5% and 10% compared to the previous corresponding reporting period. This decline is largely as a result of adverse trading conditions during the post December trading period in our local manufacturing and importing operations. The financial information on which this trading statement is based has not been reviewed or reported on by Nu-World`s auditors and is expected to be published on or about 11 May 2011. Johannesburg 15 April 2011 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 15/04/2011 08:00:01 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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