AUDITED PRELIMINARY REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2011  
   
  • Good cash generation despite difficult business environment
• Cement products enhanced
• Significant momentum on strategic projects
• Contribution from rest of Africa increases to 20%
• Final dividend 95 cents per share
Paul Stuiver, CEO, said: “The results reflect the difficult conditions experienced by local building and construction industries. Demand in South Africa and Botswana has only recently begun to improve and the only region where we enjoyed growth during the year was Zimbabwe. Although results are down, they have been improving since the first half of the year and we maintained good cash generation and respectable margins. We also managed to reduce overhead costs whilst delivering on a number of strategic projects.  read more

Directors:
BL Sibiya (Chairman), P Stuiver* (Chief executive officer), S Abdul Kader, P Esterhuysen, SG Helepi, ZJ Kganyago,
AJ Lamprecht, NB Langa-Royds, MP Malungani, B Modise, MMT Ramano, TDA Ross, J Shibambo, JS Vilakazi   *Dutch

Registered Office:
180 Katherine Street, Sandton, South Africa
(PO Box 787416, Sandton, 2146, South Africa)

Transfer Secretaries:
Link Market Services SA (Pty) Limited,
11 Diagonal Street, Johannesburg, South Africa
(PO Box 4844, Johannesburg, 2000, South Africa)

Transfer Secretaries Zimbabwe:
Corpserve (Private) Limited, 4th Floor, Intermarket Centre,
Corner 1st Street/Kwame Nkrumah Avenue, Harare, Zimbabwe
(PO Box 2208, Harare, Zimbabwe)

Disclaimer:
This document including, without limitation, those statements concerning the demand outlook, PPC’s expansion projects and its capital resources and expenditure, contain certain forward-looking views. By their nature, forward-looking statements involve risk and uncertainty and although PPC believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government action and business and operational risk management. While PPC takes reasonable care to ensure the accuracy of the information presented, PPC accepts no responsibility for any consequential, indirect, special or incidental damages, whether foreseeable or unforeseeable, based on claims arising out of misrepresentation or negligence arising in connection with a forward-looking statement. This document is not intended to contain any profit forecasts or profit estimates. The information published in this report has been audited.

   
 

Pretoria Portland Cement Company Limited (Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06) (“the group” or “the company”)
JSE Code: PPC / JSE ISIN: ZAE 000125886 / ZSE Code: PPC / ZSE ISIN: ZWE 000096475

www.ppc.co.za

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