Photo by: Duane Daws
JSE-listed Afrimat on Tuesday said it expected its headline earnings a share and earnings a share for the year ended February 28 to increase by between 40% and 45%.
The company also pointed out that the results of dolomite, limestone and silica producer Infrasors Holdings, in which Afrimat acquired a 50.7% stake in March and which had since increased to 79.6%, was included in the year-end results from March 1, 2013.
Afrimat would release its financial results on or about May 15.