ASTRAL FOODS LIMITED - Trading Statement

Trading Statement

ASTRAL FOODS LIMITED
(Incorporated in the Republic of South Africa)
ISIN Code: ZAE000029757
(Registration no. 1978/003194/06)
Share code: ARL
A2X code: ARL
("Astral" or "the Group")


TRADING STATEMENT

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 become reasonably certain that the
financial results for the period to be reported on will differ by at least 20% from that of the
previous corresponding period.

The shareholders of Astral are advised that the Group has a reasonable degree of certainty
that, for the year ended 30 September 2024 ("FY2024"):

 -    earnings per share ("EPS") is expected to increase between 240% and 250% compared
      to the year ended 30 September 2023 ("FY2023" or "prior comparable period"). This will
      result in an EPS of between 1 866 and 2 000 cents per share (FY2023: loss -1 333 cents
      per share); and
 -    headline earnings per share ("HEPS") is expected to increase between 240% and 250%
      compared to the prior comparable period. This will result in a HEPS of between 1 853
      cents and 1 985 cents per share (FY2023: loss -1 324 cents per share).

The financial information in this announcement has not been reviewed or reported on by the
Group's auditors.

It is expected that the results for FY2024 will be published on SENS on or about Monday,
18 November 2024.

Lanseria
30 October 2024

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 30-10-2024 07:09:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.