Astrapak Ltd. reported audited consolidated earnings results for the year ended February 28, 2013. For the period, the company reported revenue from continuing operations of ZAR 2,614,983,000 against ZAR 2,517,754,000 for the same period in the last year. Profit from operations before exceptional items was ZAR 115,577,000 against ZAR 163,252,000 for the same period in the last year. Profit from operations was ZAR 230,787,000 against ZAR 92,712,000 for the same period in the last year. Profit before taxation was ZAR 200,398,000 against ZAR 63,977,000 for the same period in the last year. Profit from continuing operations was ZAR 162,052,000 against ZAR 23,814,000 for the same period in the last year. Profit attributable to ordinary shareholders of the parent was ZAR 219,226,000 against ZAR Net debt decreased to ZAR 471.0 million from ZAR 500.3 million as at February 29, 2012, representing a 5.9% reduction. Net cash inflows from operating activities, before distributions to all shareholders, decreased by 6.2% to ZAR 132.5 million against ZAR 141.3 million for the same period in the last year. Capital expenditure incurred was ZAR 149.2 million against ZAR 265.9 million in the last year and included a number of growth projects that will benefit the group in the new financial year. Headline earning per share (HEPS) from continuing operations decreased by 67.6% to 18.0 cents against 55.5 cents for the same period in the last year. While fully diluted HEPS from continuing operations decreased by 67.2% to 18.0 cents against 54.9 cents for the same period in the last year. The reduction in HEPS being due to the significant transactions recorded due to asset impairments and income recognised in relation to expected insurance proceeds.

Astrapak Limited provided earnings guidance for the year ended February 28, 2013. EPS is expected to be between 389% and 409% higher than that reported in the comparative period, which will result in an anticipated EPS of between 96.3 cents and 103 cents against 33.3 cents EPS loss a year ago. EPS from continuing operations is expected to be between 7,447% and 7,467% higher than that reported in the comparative period, which will result in an anticipated EPS of between 113.2 cents and 113.5 cents against 1.5 cents a year ago.

Astrapak Ltd. provided earnings guidance for the year ended February 28, 2013. Headline earnings per share (HEPS) is expected to be between 52% and 72% lower than that reported in the comparative period, which will result in an anticipated HEPS of between 7.0 cents and 12.0 cents (2012: 24.9 cents). HEPS from continuing operations are expected to be between 64% and 84% lower than that reported in the comparative period, which will result in an anticipated HEPS of between 8.9 cents and 20.0 cents (2012: 55.5 cents). Earnings per share (EPS) is expected to be between 425% and 445% higher than that reported in the comparative period, which will result in an anticipated EPS of between 108.3 cents and 115.0 cents (2012: 33.3 cents EPS loss). EPS from continuing operations is expected to be between 8.247% and 8.267% higher than that reported in the comparative period, which will result in an anticipated EPS of between 125.2 cents and 125.5 cents (2012: 1.5 cents). Net asset value per share (NAVPS) is expected to be between 20% and 30% higher than that reported for the comparative period, which will result in an anticipated NAVPS of between 822.7 cents and 891.2 cents (2012: 685.6 cents).