YORK TIMBER HOLDINGS LIMITED - Trading statement and trading update

York Timber Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000133450
('York' or the 'Company')

TRADING STATEMENT AND TRADING UPDATE


York is in the process of finalising its results for the year

ended 30 June 2021 for release on or about 28 September 2021.


In terms of paragraph 3.4(b) of the Listings Requirements of

the JSE Limited, companies are required to publish a trading

statement as soon as they are satisfied that a reasonable

degree of certainty exists that the financial results for the

period to be reported upon next will differ by at least 20%
from the previous corresponding period.


Shareholders are advised that earnings/(losses) per share

('EPS') are expected to increase from (69) cents to between

42.78 cents and 46.23 cents and headline earnings/(losses)

per share are expected to increase from (70) cents to between

41.30 cents and 44.69 cents for the year ended 30 June 2021.

Furthermore, Shareholders are advised that:


-   Core   earnings/(losses)    per   share   (based   on   EPS

    attributable to ordinary shareholders less the fair value

    adjustment to the biological assets, net of tax) are

    expected to increase from (33) cents to between 40.59 cents
    and 42.24 cents.


-   Earnings   before   interest,   taxation,   depreciation,

    amortisation and fair value adjustments are expected to

    be between R308.75 million and R325.0 million higher than

    that reported in the previous comparative year of
    R11.6 million.


-   Cash generated from operations is expected to be between

    R331.9 million and R336.7 million, higher than the R96.2

    million reported in the previous comparative year.


Shareholders are advised that the financial information

included in this announcement has not been reviewed or

reported   on  by   the Company's    auditors   and   is   the
responsibility of the directors of the Company.

Sabie, Mpumalanga
8 September 2021

Sponsor
One Capital

Date: 08-09-2021 01:36:00

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