Published: 02 September 2013

The Directors of AICO Africa Limited would like to advise the Company's Shareholders that the cotton buying season is coming to an end and it is apparent that the level of cotton production this year was much lower than prior years.

As a result intake volumes in the Cotton SBU are significantly lower than plan and last year.

Accordingly, the company will post a loss for the year to 31 March 2014 that is substantially higher than the loss recorded in the year to March 2013.

AICO Profit warning statement.pdf
- AICO

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