ARGENT INDUSTRIAL LIMITED - Abridged Unaudited Consolidated Interim Results for the 6 months ended 30 September 2019

Abridged Unaudited Consolidated Interim Results for the 6 months ended 30 September 2019

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
(“Argent” or “the company” or “the group”)


ABRIDGED UNAUDITED CONSOLIDATED INTERIM RESULTS FOR THE 6 MONTHS ENDED
30 SEPTEMBER 2019


 1. SALIENT FEATURES

 Revenue increased 1.5% to R871.5 million, from R858.8 million in the prior corresponding
 period.

 Operating profit before interest decreased by 2% to R59.8 million, from R61 million in the
 prior corresponding period.

 Headline earnings per share decreased by 0.7% to 50.1 cents per share, from 50.4 cents in
 the prior corresponding period.

 Earnings per share decreased by 0.4% to 49.7 cents per share, from 49.9 cents in the prior
 corresponding period.

 2. SHORT-FORM ANNOUNCEMENT

 This short-form announcement is the responsibility of the directors of the company. It
 contains only a summary of the information in the full announcement (“Full
 Announcement”) and does not contain full or complete details. The Full Announcement can
 be found at:
 
 https://senspdf.jse.co.za/documents/2019/JSE/ISSE/ART/Interims.pdf

 Copies of the full announcement is available for viewing on the company’s website at
 http:www.argent.co.za/Info/Interim Results/Interim Results Sept 2019 or may be requested
 in person, at the company’s registered office or the office of the sponsor, at no charge,
 during office hours.

 Any investment decisions by investors and/or shareholders should be based on
 consideration of the Full Announcement, as a whole.

 Umhlanga
 13 November 2019

 Sponsor
 PSG Capital

Date: 13/11/2019 11:58:00
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