Zambeef Plc | FY2010 abridged results incorporating a dividend declaration

December 20th, 2010

The Directors of Zambeef Products PLC are pleased to annonce the release of the Group’s FY2010 abridged results for the year ended 30 September 2010 incorporating a dividend declaration. Below are some highlights from the financial results.

Financial highlights

  • Turnover up by 11% to ZMK 770.53 billion
  • EBITDA up by 185% to ZMK 62 billion
  • Operating Profit up by 86% to ZMK 33.76 billion
  • Earnings per share up by 26% to ZMK 124.69
  • Dividend per share: ZMK 49.8

Dividend declaration

Notice is hereby given that a final dividend of K49.88 per share has been proposed with respect to the year ended 30 September 2010. The relevant dates for the payment of the final dividend are detailed as follows:

  • Last day to trade cum-dividend: 24 January 2011
  • Shares to commence trading ex-dividend: 25 January 2011
  • Payment of dividend: 28 February 2011

To download the full FY2010 abridged report, incorporating the dividend announcement, for the year ended 30 September 2010 click on the link below.