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AFRIMAT EXPECTS 20% TO 30% INCREASE IN FULL-YEAR EARNINGS

08 April 2019

Building materials
company Afrimat said
on Friday it expected earnings per share of between 216.4 cents and 234.4 cents
for the year to February, up 20% to 30% from 2018.

The company, which is due to publish its results on May 23, said headline earnings per share — the key measure of profitability in South Africa — would likely be between 216.8 cents and 234.9 cents, also 20% to 30% higher than the previous financial year. http://www.engineeringnews.co.za/article/afrimat-expects-20-to-30-increase-in-full-year-earnings-2019-04-05

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