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NAMPAK LIMITED - Trading statement for the year ended 30 September 2021

Release Date: 30/11/2021 07:05
Code(s): NPK NPKP NPP1     PDF:  
Wrap Text
Trading statement for the year ended 30 September 2021

Registration number 1968/008070/06
Incorporated in the Republic of South Africa
Share Code: NPK       ISIN: ZAE000071676
Share Code: NPP1      ISIN: ZAE000004966
Share Code: NPKP      ISIN: ZAE000004958
LEI: 3789003820EC27C76729
(“Nampak” or “the Company”)


Nampak is in the process of finalising its annual results for the year ended 30
September 2021 ("the year" or “FY21”). In terms of the JSE Listings Requirements,
shareholders are advised that Nampak is satisfied that a reasonable degree of
certainty exists that the financial results for the year to be reported upon will
differ by at least 20% from 30 September 2020 ("the prior year" or “FY20”).

The changes in headline earnings per share ("HEPS") and earnings per share ("EPS")
for the group for the year are expected to be within the range set out below and
have been impacted by the following key factors:

     -   No further impairment of goodwill and significantly reduced net impairments
         of other assets in FY21 compared to net impairment losses of R4.0 billion
         in FY20;
     -   Lower net currency related devaluation losses arising from operations in
         the rest of Africa.
     -   A significant reduction in costs related to retrenchment, restructuring and
         disposal of businesses.

There were no discontinued operations in the current year.


     -   HEPS is expected to be between 55.1 cents and 64.9 cents, compared to a
         headline loss per share of 87.7 cents in the prior year.
     -   EPS is expected to be between 28.3 cents and 32.7 cents, compared to a loss
         per share of 537.7 cents in the prior year.

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 annual results on or about Monday, 6 December 2021.


30 November 2021

Sponsor: UBS South Africa (Pty) Ltd

Date: 30-11-2021 07:05:00
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