Summary of article as published on News 24. According to a News24 report, South African business executives are increasingly being impersonated by criminals on social media and through cloned websites, who exploit the companies’ brand identities. Andries van Heerden, CEO of Afrimat, shared with News24 that these scams have become…
Highlights – Group revenue of R2,5 billion – Headline earnings per share (“HEPS”) of 180,7 cents – Contribution from operations’ margin 14,3% – NAV per share of 857 cents – Final dividend per share of 42,0 cents – Return on net operating assets 21,8% – Net debt:equity ratio improved from…
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,…
Afrimat puts record straight regarding Competition Commission inquiry 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…
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,…
