AFRIMAT EXPECTS 20% TO 30% INCREASE IN FULL-YEAR EARNINGS

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. http://www.engineeringnews.co.za/article/afrimat-expects-20-to-30-increase-in-full-year-earnings-2019-04-05