ROLFES HOLDINGS LIMITED - Summarised Consolidated Financial Results for the year ended 30 June 2019

Summarised Consolidated Financial Results for the year ended 30 June 2019

ROLFES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/002715/06)
Share Code: RLF & ISIN: ZAE000159836
("Rolfes" or "the Company")


SUMMARISED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 30 June 2019

KEY FEATURES
- Revenue from operations increased by 7,8% to R1 533 million (30 June 2018:
R1 422 million)
- Headline earnings increased by 95,0% to 23,87 cents per share (30 June
2018: 12,2 cents per share)
- Earnings per share decreased from 0,93 cents (30 June 2018) to a loss of
26,81 cents
- Cash from operations increased by 28,9% to R82,8 million (30 June 2018:
R64,2 million)
- Consideration of final dividend deferred subject to outcome of possible
corporate action
- Conclusion of the sale of the colour business and assets subsequent to
year-end

Rolfes is a leading black empowered, industry-compliant supplier of
agricultural, food, industrial and water chemical management solutions for
the local and international markets.

This short-form announcement is the responsibility of the directors and is
only a summary of the information in the full announcement and does not
contain full or complete details.

The full announcement can be found on the Company's website or
https://senspdf.jse.co.za/documents/2019/jse/isse/RLF/FINAL2019.pdf.

Copies of the full announcement may also be requested at the Company's
registered office or the office of the sponsor, at no charge, during office
hours. Any investment decision should be based on the full announcement
released on SENS and published on the Company's website.

For and on behalf of the Board

MS Teke             RM Buttle
Chairman            Chief executive officer

30 September 2019

Sponsor
Grindrod Bank Limited
Johannesburg

Date: 30/09/2019 12:56:00
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