5 October 2020 – Afrimat, a leading open-pit mining company providing industrial minerals, commodities and construction materials, today released communication on the Stock Exchange News Service (“SENS”) indicating that it had lodged papers in the High Court of South Africa, Gauteng Local Division, Johannesburg, asking for Nkomati Anthracite Proprietary Limited…
Highlights – Headline earnings per share (‘HEPS’) up 48,5% to 347,7 cents – Group revenue up 11,4% to R3,3 billion – Operating profit margin 18,2% – Return on net operating assets 30,9% – Net debt:equity ratio improved from 23,8% to 8,2% 21 May 2020 – Afrimat, a leading open-pit mining…
Highlights – Group revenue up 24,6% to R3,0 billion – Headline earnings per share (“HEPS”) up 29,6% to 234,1 cents – Operating profit margin 15,9% – Final dividend per share of 62,0 cents – Return on net operating assets 25,4% – Net debt:equity ratio improved from 35,5% to 23,8% 23…
The story of Bongani Nkonyane Cape Town, 14 February 2018 – For many companies, transformation remains a tick-box exercise; in most cases it’s simply about adhering to BEE Codes and ensuring leadership equity. But for Afrimat, a leading open-pit mining company supplying industrial minerals and construction materials to the market,…
Highlights – HEPS up 7,4% to 102,2 cents – Contribution from operations’ margin 16,4% – NAV per share of 809 cents – Interim dividend 20,0 cents per share – Return on net operating assets 22,3% 2 November 2017 – Afrimat, a leading open-pit mining company providing industrial minerals, commodities and…
Johannesburg, 3 April 2017 – Afrimat, a leading open pit mining company providing industrial minerals and construction materials, herewith responds to statements in the media concerning the Competition Commission’s referral of a complaint to the Competition Tribunal. Andries van Heerden, CEO of Afrimat confirms that, “the affected subsidiary of Afrimat,…
Highlights: – Contribution from operations margin 16.3% – HEPS up 15.5% to 156.6 cents per share – Net debt:equity ratio of 3.5% – Final divided per share of 41 cents per share Johannesburg, 19 May 2016 – Afrimat, a leading open pit mining company providing industrial minerals and construction materials,…
– Contribution from operations margin 16,0% – HEPS up 24% to 76 cents – Net debt:equity ratio 14% – NAV per share of 671 cents – Interim dividend up 23% to 16 cents per share – Return on net operating assets 28% Johannesburg, 9 November 2015 – Afrimat Limited (“Afrimat”),…
Monday, 12 October, Cape Town – Afrimat Limited (“Afrimat”), the JSE-listed black empowered open pit mining group that supplies industrial minerals and construction materials, today announced another strategic acquisition that will further diversify its product offering, in line with the group’s strategy. Afrimat is acquiring lime and associated products producer,…
– Revenue up 5.1% to R2.0 billion – HEPS up 24.4% to 135.6 cents – Net debt: equity ratio 10.2% – NAV per share of 656 cents – Final dividend 37 cents per share – Return on net operating assets 29.0% Johannesburg, 21 May 2015 – JSE-listed open pit mining…