PPC looks to 'double earnings by 2018'
The cement manufacturer reported normalised earnings before interest, taxes, depreciation and amortisation of R2.5bn for the year ended September 2013. But Mr Gordhan said “we’d love to have it at about the R5bn mark” by 2018.
This has been part of management’s internal five-year plan since the start of Mr Gordhan’s tenure in January last year.
Read the full article here: http://www.bdlive.co.za/business/industrials/2014/02/24/ppc-looks-to-seal-big-africa-deals