Afrimat Limited presents its second ESG Report: Showcasing ongoing commitment to sustainability and responsible business practices

Afrimat, a leading mid-tier mining and materials company providing Bulk Commodities, Construction Materials, Industrial Minerals and Future Materials and Metals, recently published the Group’s second Environmental, Sustainability and Governance (ESG) Report for the F2024 financial year. The report was released in conjunction with the Group’s Integrated Annual Report. Operating in…

Afrimat acquisition of Lafarge approved

Enables Afrimat to increase offering across construction materials space and support ongoing diversification 10 April 2024 – Afrimat, a leading mid-tier mining and materials company providing Construction Materials, Bulk Commodities, Industrial Minerals and Future Materials and Metals, today notified shareholders that the Competition Tribunal granted approval for the Lafarge acquisition.…

Afrimat Construction Index reflects 3% year-on-year real growth in fourth quarter thanks to increased job creation and wholesale sale of construction materials

Johannesburg, 19 March 2024 – Afrimat, the JSE-listed mid-tier mining and materials company providing construction materials, industrial minerals, bulk commodities, and future materials and metals, has released the findings of its Afrimat Construction Index (ACI) for the fourth quarter of 2023. The ACI is a composite index of the level…

Afrimat Limited distances itself from all Telegram and other social media groups which purport to operate unlawful investment and other related schemes in its name

During the past two years, several fake Telegram and WhatsApp accounts have been established utilising Afrimat’s Corporate Identity and/or the names and photos of senior Afrimat management, offering services that range from investment brokering to cryptocurrency trading. We have recently seen an influx of these fraudulent schemes on Telegram. I…

Afrimat distances itself from Telegram group which purports to operate an unlawful investment brokering scheme in its name

It was recently brought to my attention that a Telegram group, marketing itself as an investment scheme, was created in the name of Afrimat Limited. This follows a similar unlawful cryptocurrency scheme that was also operating on Telegram last year. Like the previous unlawful group, clear imaging of the official…

Healthy results are delivered by Afrimat with substantial progress and investment made on strategic projects to further support growth

Highlights Group revenue up 9,6% to R2,8 billion Headline earnings per share (‘HEPS’) up 4,4% to 263,4 cents Interim dividend per share of 40,0 cents Operating profit margin of 18,8% Net asset value (‘NAV’) per share up 10,8% to 2 750 cents Return on net operating assets 22,7% Net debt:equity…

Tanya Pretorius

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

Vanessa Ingram

Keyter Rech Investor Solutions
Vrech@kris.co.za