To view the PDF file, sign up for a MySharenet subscription.

NAMPAK LIMITED - Trading statement for the year ended 30 September 2018

Release Date: 19/11/2018 12:24
Code(s): NPK     PDF:  
Wrap Text
Trading statement for the year ended 30 September 2018

NAMPAK LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/008070/06
Share code: NPK
ISIN: ZAE000071676
(“Nampak” or “the Company”)


TRADING STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2018


Nampak is in the process of finalising its results for the year
ended 30 September 2018 (“the period” or “the year”). In terms of
the JSE Listing Requirements, shareholders are advised that Nampak
is satisfied that a reasonable degree of certainty exists that the
financial results for the period to be reported upon will differ by
at least 20% from 30 September 2017 (“the prior year”). The
financial results for the year are expected to be as follows:


HEADLINE EARNINGS PER SHARE (“HEPS”) AND EARNINGS PER SHARE (“EPS”)
FOR CONTINUING OPERATIONS

    •   HEPS for continuing operations is expected to increase by
        between 12% and 17% to between 163.9 cents per share and 171.2
        cents per share compared to 146.3 cents per share in the prior
        year.
    •   EPS for continuing operations is expected to increase by
        between 35% and 40% to between 165.1 cents per share and 171.2
        cents per share compared to 122.3 cents per share in the prior
        year.


HEADLINE EARNINGS PER SHARE AND EARNINGS PER SHARE FOR CONTINUING
AND DISCONTINUED OPERATIONS

  •   HEPS for continuing and discontinued operations is expected to
      increase by between 19% and 24% to between 147.3 cents per
      share and 153.5 cents per share compared to 123.8 cents per
      share in the prior year.
  •   EPS for continuing and discontinued operations is expected to
      increase by between 104% and 109% to between 74.7 cents per
      share and 76.5 cents per share compared to 36.6 cents per share
      in the prior year.


EPS includes capital profits, foreign exchange losses, onerous
contract provisions and asset impairments. HEPS excludes capital
profits and impairments but includes foreign exchange losses and
onerous contract provisions.


The information contained in this trading statement has not been
reviewed or reported on by the Company's external auditors. Nampak
expects to release its results on Tuesday, 27 November 2018.


Bryanston
19 November 2018

Date: 19/11/2018 12:24:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story