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NAMPAK LIMITED - Trading statement for the six months ended 31 March 2022

Release Date: 18/05/2022 07:05
Code(s): NPK NPKP NPP1     PDF:  
Wrap Text
Trading statement for the six months ended 31 March 2022

NAMPAK LIMITED
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 group” or “the company”)


TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 MARCH 2022

Nampak is in the process of finalising its interim results for the six months ended 31 March
2022 (“the interim period” or “HY22”). 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 interim period to be reported upon will differ by at least 20% from 31
March 2021 (“the prior period” or “HY21”).

The change in headline earnings per share (“HEPS”) and earnings per share (“EPS”) for the
group for HY22 have been mainly impacted by the following factors:

1. Improved trading conditions;

2. Lower net devaluation losses arising from exchange rate movements in the Rest of Africa;
   and

3. No significant impairments or reversal of impairments in HY22.


HEPS AND EPS

-   HEPS is expected to increase to between 33.0 cents and 36.5 cents compared to HEPS
    of 17.6 cents in the prior period, representing an increase of between 88% and 107%.

-   EPS is expected to increase to between 32.5 cents and 35.5 cents compared to EPS of
    17.0 cents in the prior period, representing an increase of between 91% and 109%.

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 interim results on or about Thursday, 26 May 2022.

Bryanston

18 May 2022

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 18-05-2022 07:05:00
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