Afrimat’s solid results keep the group ahead
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
Afrimat declares higher interim dividend
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
Afrimat leverages diversification for good growth
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
Afrimat holds steady at interims
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
Afrimat continues to ride out tough conditions
JSE materials supplier – Afrimat – continued to withstand tough business conditions and deliver growth, with a 10% top line increase for the year to February 2011 generating a 5% rise in profits. The commendable results reflect the benefits of
Afrimat extracts growth from a tough market
JSE-listed materials supplier, Afrimat, successfully exploited the start of an uptick in the business sector to deliver the promised stronger performance for the six months to August 2010 (“the period”). The group is specifically reaping the benefits of contract crushing
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