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MASONITE (AFRICA) LIMITED - Trading update

Release Date: 19/02/2013 14:00
Code(s): MAS     PDF:  
Wrap Text
Trading update

Masonite (Africa) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code: MAS ISIN: ZAE000004289
(“Masonite”)

TRADING UPDATE

Shareholders are advised that Masonite’s profit from operations, excluding the
adjustment in fair value of biological assets, for the period ended 31 December 2012
is expected to be within 135% to 145% higher than that of the comparative period in
2011 due to improved trading margins and other operational improvements.

After adjusting for the increase in the fair value of biological assets it is expected that
earnings per share and headline earnings per share will be 220% to 230% higher
than that of the prior comparative period.

The information in this trading update has not been reviewed or reported on by
Masonite’s auditors.

The results are expected to be released towards the end of March 2013.


Durban

19 February 2013

Sponsor
Nedbank Capital
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