Trading Statement-clarification

RNS Number : 3498C

R.E.A.Hldgs PLC

04 March 2011

 



R.E.A. Holdings plc

Trading Statement - Clarification

In a trading statement announced on 17 January 2011, it was stated that the group was budgeting a crop of oil palm fresh fruit bunches ("FFB") for 2011 of 636,000 tonnes.   The figure of 636,000 tonnes included not only the FFB budgeted to be produced by the group's own estates but also FFB acquired from smallholders and other third parties for processing in the group's oil mills.  The FFB budget for 2011 for the group's own estates is 611,000 tonnes and for third party purchases is 25,000 tonnes.  The directors apologise that this was not clear in the January announcement.

 

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