Nov 16 (Reuters) – PPC Ltd:
* TRADING STATEMENT AND OPERATION UPDATE FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2022
* REMAIN FOCUSED ON MITIGATING INFLATIONARY COST PRESSURES AS MUCH AS POSSIBLE AND BEING PRUDENT IN CAPITAL ALLOCATION IN THIS BUSINESS
* IN HY GROUP EBITDA DECLINING BY 23% TO R728 MILLION (SEPTEMBER 2021: R945 MILLION)
* EXPECTED HY EPS AND HEPS FOR WILL DIFFER BY AT LEAST 20%
* PPC ZIMBABWE ANTICIPATES A RECOVERY FOR BALANCE OF FINANCIAL YEAR AND OUTLOOK FOR CIMERWA REMAINS POSITIVE
* EPS FOR GROUP, off site optimisation INCLUDING DISCONTINUED OPERATIONS, FOR CURRENT PERIOD IS EXPECTED TO BE A LOSS OF BETWEEN 7 CENTS AND 11 CENTS PER SHARE Source text for Eikon: Further company coverage:
