CHEMICALS and explosives manufacturer AECI’s goal is to expand outside SA to earn half its revenue in dollars within the next four years to counter the lack of investment in its home market.CEO Mark Dytor said that shareholders had been pleased that the group was diversifying across geographies, markets, and price ranges for its products.The group reported on Tuesday that in the year to December, headline earnings per share had risen 6% to 894c while revenue grew 9% to R18.4bn compared with the previous year. The board declared a final cash dividend of 260c per share, a 16% increase on 2014 financial year’s 225c, bringing the total dividend for the financial year to 385c, 13% higher than last year’s 340c.This is in addition to a special cash dividend of 375c per ordinary share paid on June 1 last year."AECI delivered a pleasing financial performance, due to the significant contribution from land sales at Somerset West, market share gains, and the benefits of acquisitions and enhance...
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