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…

Highlights – 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…

JSE open pit mining and materials company, Afrimat maintained steady growth for the six months to August 2014 (“the period”), reflecting the group’s successful diversification strategy. Revenue edged over the R1 billion mark for the first time at interims. The successful turnaround of group newcomer Infrasors strengthened the group’s performance.…

JSE open pit mining company, Afrimat, increased revenue by 42,1% and operating profit by 55,4% for the year to February 2014 (“the year”), reflecting the successful execution of its diversification strategy aimed at long-term sustainability. Realising five years of patient and prudent strategy roll-out, the group benefitted from the strong…

JSE open pit mining company, Afrimat, successfully exploited an uptick in the aggregates sector to deliver its promised stronger performance for the six months to August 2013 (“the period”). Key performance indicators are all significantly higher than at the same time last year, clearly reflecting the success of Afrimat’s ‘growth…

JSE open pit mining company, Afrimat, today posted solid financials for the year to February 2013, maintaining its growth trajectory in challenging times. Most key performance indicators grew by double digits year-on-year. The group has successfully diversified its product range by targeting the industrial minerals arena and cementing a firm…

JSE materials supplier, Afrimat, significantly grew revenue and headline earnings for the six months to August 2012, with all other key financial indicators looking similarly positive. The group’s strategy to achieve growth from diversification is proving continually successful with the recent acquisition of the Clinker Group, a leading manufacturer of…

JSE materials supplier Afrimat posted solid growth for the year to February 2011, capitalising on more favourable economic conditions as well as product diversification to sustain the growth trajectory promised to investors. HEPS of 62,6 cents was generated off revenue of R996 million, up 16,6%, with all other key financial…

JSE materials supplier Afrimat held earnings growth steady for the six months to August 2011 (“the period”) with HEPS at 29,8 cents. Revenue grew 11% to R506,7 million. Cash from operations increased 54% off the back of stringent working capital management. The group’s geographical and product diversity enabled Afrimat to…