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Performance Overview

Chairman's Report

The year-to-date profit after tax of $105.1m is $14.4m (15.9%) higher than 2014, and represents a second consecutive quarter of growth against the prior year. Results from continuing operations of $128.5m compares to $123.2m in 2014, an increase of $5.3m.

Cash and debt levels continue to be well managed and the Group has closed with retained profits of $805.3m net of dividend payments

The fourth quarter outlook is for continued profitability as we enter our peak trading season and commence Christmas campaigns.

We wish to advise also, of the appointment of Mr Maurice Suite as Chairman of the Board of Directors, following the resignation of Mr Gerald Yetming.

Maurice Suite
October 29, 2015