Omnia trading update
- Published: Thursday, 05 June 2008 08:00
Omnia is a diversified specialist chemical services company providing customised solutions to the chemicals, mining and agriculture markets.
Shareholders are advised that a reasonable degree of certainty exists that the company’s headline earnings per share and basic earnings per share for the year ended 31 March 2008 is expected to be between 25% and 35% higher against the previous corresponding period. This is in line with expectations.
The primary reasons for this increase in headline earnings per share and basic earnings per share is as a result of more buoyant conditions in agriculture markets in the current year as compared to the previous year combined with an improvement in the Protea Chemicals business.
Omnia remains focused on balancing the Group’s risk profile and pursuing new growth opportunities, both nationally and internationally.
It is anticipated that the results for the year ended 31 March 2008 will be published on or about 18 June 2007.
The above information has not been reviewed or reported on by the company’s auditors.
4 June 2007
Barnard Jacobs Mellet Corporate Finance (Pty) Limited