Afrimat buys Cape Lime, another strategic acquisition to boost diversification
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
Diversification underpins continued growth at Afrimat
– 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
Diversification underpins continued growth at Afrimat
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
Afrimat maintains sustainable growth
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
Diversification drives Afrimat’s continued growth
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
Afrimat’s continued strong interims
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
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