Meikles Africa Ld - Trading Statement
March 30 1999 - 4:12AM
UK Regulatory
RNS No 9410v
MEIKLES AFRICA LIMITED
30 March 1999
MEIKLES AFRICA LIMITED
Profit forecast for the year to March 1999
Meikles Africa Limited ("MAL"), the Zimbabwe-based hotel and retail
group, listed on the Zimbabwe and London Stock Exchanges, announces
that as a result of strong underlying trading and the healthy state
of the Company's balance sheet indications are that, headline
earnings per share for the year to 31 March 1999 will be greater
than three times that of the previous year. MAL's results for the
year to 31 March 1999 will be announced on or about 11 May 1999, at
which time it is likely that the Directors will declare a
substantial increase in the dividend per share.
30 March 1999
Enquiries:
Meikles Africa Limited Tel: +263 4 730 611
Charles Golding, Finance Director
College Hill Tel: +44 171 457 2020
Nicholas Williams
Corinna Dorward
END
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