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…
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 the group’s sustained focus on new business development over past…
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 in the Mining & Aggregates division, demonstrating the success of…
On the heels of this month’s acquisition that saw black empowered JSE construction materials supplier, Afrimat, diversify into industrial minerals, the Main Board group today announced a sustained turnaround with a stronger financial performance year-on-year for the twelve months to February 2010 (“the year”). The Mining & Aggregates division was…
