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PPC LIMITED - Trading Statement

Release Date: 26/01/2015 12:20
Code(s): PPC     PDF:  
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Trading Statement

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE 000170049
("PPC" or the "Company")

TRADING STATEMENT

In terms of the Listing Requirements of the JSE Limited, companies are
required to publish a Trading Statement as soon as they become reasonably
certain that the financial results for the period to be reported on next
will differ by more than 20% from those of the previous corresponding
period.

The board of directors of PPC advises that its headline earnings per share
for the six months ended 31 March 2015 is expected to be between 25% and
45% lower compared to the headline earnings as reported for the comparable
period ended 31 March 2014, which translates to expected headline earnings
of between 72 cents and 53 cents.

Notwithstanding a weaker trading environment, the main contributors to the
decline were a once off tax credit in the prior reporting year and an
increase in finance costs in the current year.

The information contained in this trading statement has not been reviewed
or reported on by the company’s external auditors.

PPC will release its interim results for the six month period ended 31
March 2015 on 19 May 2015.


26 January 2015
Sponsor
Merrill Lynch South Africa (Pty) Limited

PPC:
Azola Lowan
Tel: +27 (0) 11 386 9000
Azola.Lowan@ppc.co.za

Financial Communications Advisor:
Instinctif Partners
Louise van der Merwe
Mobile: +27 (0) 71 605 4294
Louise.VanDerMerwe@instinctif.com

Date: 26/01/2015 12:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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