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Afrimat expects HEPS, EPS to increase by 40% to 45%

Afrimat expects HEPS, EPS to increase by 40% to 45%

Photo by Duane Daws

29th April 2014

By: Leandi Kolver

Creamer Media Deputy Editor

  

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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.

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Edited by Tracy Klückow
Creamer Media Contributing Editor

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