Press Releases

Robust infrastructure investment continues to drive organic growth at black empowered construction materials supplier Afrimat Limited, resulting in headline earnings up by 79,5% to R92,5 million for the year to February 2008. The group’s strong results extend to all key

It’s just been over a year since Afrimat, a supplier of building and construction materials throughout southern Africa, listed on the JSE. The success of the listing marked a pinnacle in the company’s history — built on humble beginnings, the

JSE black empowered construction materials supply group Afrimat, has more than doubled headline earnings from this time last year to R47,6 million for the six months to August 2007. The interim period saw the group conclude two earnings-enhancing acquisitions –

In a move to further entrench its strong foothold in metropolitan areas, black empowered building supplies group Afrimat Limited has purchased two quarries and a concrete block and brick factory in KwaZulu-Natal in its second acquisition since listing. The strategically

Black empowered building supplies group Afrimat Limited has posted maiden profit after tax for the year to February 2007 of R67,6 million, beating pre-listing forecasts by 6,3% on a year-on-year basis. Afrimat debuted on the JSE in November last year

In its first acquisition since a record debut on the JSE in November 2006, black empowered building supplies group Afrimat Limited has acquired the Malans Group (“Malans”) in the Cape for R125 million. The earnings-enhancing acquisition adds strategically located quarries