Afrimat produces excellent interim results, with a strong balance sheet giving it the ability to accelerate growth

Highlights – Operating profit up 65,0% to R582,8 million – Headline earnings per share (“HEPS”) up 60,5% to 295,1 cents – Interim dividend per share of 40,0 cents – Operating profit margin 24,1% – Net cash from operating activities of R806,5 million – Strong balance sheet with net cash position…

Beware of Investments Scams

Afrimat has noted an increase in fraudulent Telegram and WhatsApp accounts, utilising Afrimat’s Corporate Identity and/or the names and photos of senior Afrimat management, offering services ranging from investment brokering to cryptocurrency trading.

Afrimat has never, and does not intend to in future, offer any financial, investment or related services through any platform.

Afrimat only trades through the regulated stock exchange of the JSE and A2X.

Any other investment scheme or financial service on any platform other than these regulated stock exchanges, are false.

Please direct any scams to our Whistle-Blowing hotline: 

Tanya Pretorius

Afrimat: Head of Communications
Tanya.pretorius@afrimat.co.za

Vanessa Ingram

Keyter Rech Investor Solutions
Vrech@kris.co.za