Chemicals and explosives company AECI is set to report a 27% to 32% increase in actual earnings a share for the year ended December 2011.

Headline earnings a share were expected to increase between 22% and 27%.

The company attributed this to favourable trading conditions in the mining and manufacturing sectors, as well as the effects of the weakening rand/dollar exchange rate during the last quarter of 2011.

AECI’s full-year results for 2011 are expected to be released February 21.
 

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