General Announcement::Trading update and earnings guidance upgrade

Issuer & Securities

Issuer/ Manager
TFS CORPORATION LTD
Securities
TFS CORP US$150M11%N180715 - USQ89752AA93 - 4XAB

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-Jul-2014 09:14:42
Status
New
Announcement Sub Title
Trading update and earnings guidance upgrade
Announcement Reference
SG140701OTHR6P0L
Submitted By (Co./ Ind. Name)
Chris Huish
Designation
Compliance Manager
Effective Date and Time of the event
01/07/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
TFS to acquire 364 hectares of established Indian sandalwood plantations
Strong new product sales of c1,700ha - average sales price up 9% on FY13 and sales volume up 1%
Execution of investment agreements with UK institutional investor
NPAT now expected in FY14 of at least $70m

Attachments

ASX_update_010714_FINAL.pdf
Total size =430K