Afrimat expects 20% to 30% increase in full-year earnings

5th April 2019 By: African News Agency

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.