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TORRE INDUSTRIES LIMITED - Trading Statement

Release Date: 12/09/2014 11:25
Code(s): TOR     PDF:  
Wrap Text
Trading Statement

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR
ISIN: ZAE000188629
(“Torre” or “the Company” or “the Group”)


TRADING STATEMENT


In terms of paragraph 3.4(b) of the JSE Listings Requirements,
listed companies are required to publish a trading statement
as soon as the board of directors is satisfied that a
reasonable degree of certainty exists that the financial
results for the next reporting period will vary by more than
20% from those of the previous corresponding reporting period.

The Company's earnings per share and headline earnings per
share for the period ended 30 June 2014 are expected to
improve to between 12.55 and 13.71 cents and 11.66 and 12.52
cents respectively compared to the earnings per share of 5.80
cents and headline earnings per share of 4.31 cents for the
previous reporting period ended 30 June 2013.

The information detailed above has not been reviewed or
reported on by the Company’s auditors.

Johannesburg
12 September 2014

Corporate Finance Adviser and Designated Adviser to Torre:
AfrAsia Corporate Finance (Pty) Ltd

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