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YORK TIMBER HOLDINGS LIMITED - Trading statement and trading update

Release Date: 22/09/2025 14:45
Code(s): YRK     PDF:  
Wrap Text
York Timber Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1916/004890/06)
Share code: YRK
ISIN: ZAE000133450
("York" or the "Company")

TRADING STATEMENT AND TRADING UPDATE


York is in the process of finalising its results for the year
ended 30 June 2025 ("Current Period") for release on or about 30 September 2025.
In terms of paragraph 3.4(b) of the Listings Requirements of
the JSE Limited, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable
degree of certainty exists that the financial results for the
period to be reported upon next will differ by at least 20% from the previous corresponding period.
Shareholders are advised that, for the Current Period:
- earnings per share ("EPS") is expected to increase from
12.97 cents* to an EPS of between 67.87 cents and
68.51 cents compared to the year ended 30 June 2024 ("Previous Comparative Period"); and
- headline earnings per share ("HEPS") is expected to
increase from 13.74 cents* to HEPS of between 66.35 cents
and 67.03 cents compared to the Previous Comparative Period. Furthermore, shareholders are advised that:
- Core EPS (based on EPS attributable to ordinary
shareholders less the fair value adjustment to the
biological assets, net of tax) is expected to improve from
a loss per share of 10.74 cents to a loss per share of
between 0.06 cents and 0.60 cents, being an improvement
of between 94% and 99%, compared to the Previous Comparative Period.
- Earnings before interest, taxation, depreciation,
amortisation, impairment and fair value adjustments on
biological assets is expected to be between 81% and 86%
higher than the Previous Comparative Period amount of R90.6 million.
- Cash generated from operations is expected to be between
418% and 423% higher than the Previous Comparative Period amount of R28 million.
* Shareholders are advised that the Group has restated its
results for the Previous Comparative Period following an
amendment to the reported volumes of its plantation
biological assets arising from a prior year error. This error
had an impact on the fair value adjustment reflected in the
Statement of Profit or Loss and Other Comprehensive Income.
A detailed assessment and impact of the restatement will be
included in the results for the year ended 30 June 2025.
Shareholders are advised that the information included in
this announcement has not been reviewed or reported on by the
Company's auditors and is the responsibility of the directors of the Company. Sabie, Mpumalanga 22 September 2025 Sponsor One Capital Date: 22-09-2025 02:45:00
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