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QUANTUM FOODS HOLDINGS LIMITED - Updated Trading Statement

Release Date: 24/10/2019 11:45
Code(s): QFH     PDF:  
Wrap Text
Updated Trading Statement

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2013/208598/06
Share Code: QFH
ISIN Code: ZAE000193686
("Quantum Foods" or "the Company")


UPDATED TRADING STATEMENT



In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement as soon as it becomes reasonably certain that the financial results for the
next period to be reported on will differ by 20% or more from the financial results for the
previous corresponding period.

Further to the trading statement released on SENS on 16 September 2019, shareholders are
hereby advised that for the twelve-month period ended 30 September 2019, Quantum Foods
expects:

  - headline earnings per share of between 87.7 cents and 94.3 cents, being a decrease
    of between 42% and 46% compared to the headline earnings of 163.9 cents per share
    for the previous corresponding period; and

  - basic earnings per share of between 87.9 cents and 94.5 cents, being a decrease of
    between 42% and 47% when compared to the basic earnings per share of 164.3 cents
    in the previous corresponding period.

The results for the twelve months ended 30 September 2019 is expected to be published on
SENS on or about 28 November 2019.

The financial information on which this trading update is based, has not been reviewed or
reported on by the Company´s external auditors.


Wellington
24 October 2019

Sponsor
PSG Capital

Date: 24/10/2019 11:45:00
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