Wilderness Holdings expecting higher first half results

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Wilderness Holdings, the listed tourism major says it will publish its results on 30, October 2012 and it is expected to report higher results than the previous period.

The group interim results will be for the six months ended 31 August 2012 are likely to be significantly higher than those achieved in the six months ended 31 August 2011.

‘This is attributable to a number of factors, most importantly the weaker local currencies which translated into higher reported revenues and also to a reduction in the impairment of assets,” says the company on its website.

“Thus shareholders are advised to continue exercising with caution when dealing in the shares of the Company until a full announcement is made.”

The Company will be holding a conference call to present the results to interested shareholders at 10:30 Central African time on that date.

Wilderness Holdings Limited is the holding company for the ecotourism brands of Wilderness Safaris and Wilderness Collection – and non-profit trusts of Children in the Wilderness and Wilderness Wildlife Trust.

The group operates some 70 safari camps and 20 scheduled overland safaris in Botswana, Congo (Brazzaville), Kenya, Namibia, Malawi, South Africa, Zambia, Zimbabwe and the Seychelles and are run by a group of likeminded wildlife enthusiasts who came together to build a
successful safari business, delivering a unique experience for guests, fair returns for shareholders and stakeholders, while ensuring that southern Africa’s pristine wilderness areas remain sustainably protected.

Within the Safaris brand are a variety of categories of  accommodation and experience, each of which is a leader in its specific niche. Its major business is in Botswana where it operates high end Mombo camps in The Okavango Delta.

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