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WATCH: ​How Afrimat’s diversification strategy paid off

Afrimat CEO Andries van Heerden talks to Business Day TV about the group’s interim results

30 October 2020 - 07:19 Business Day TV
The Afrimat quarry in Greenbushes, Port Elizabeth. Picture: DARYN WOOD
The Afrimat quarry in Greenbushes, Port Elizabeth. Picture: DARYN WOOD

Afrimat’s diversified portfolio has helped it turn the corner during its half year to end-August.

The group is now in a net cash position, having bounced back from having a debt pile of close to R146m. Afrimat says this puts the business on a firm footing to make acquisitions.

Business Day TV spoke to CEO Andries van Heerden about the company’s expansion plans.

Afrimat CEO Andries van Heerden talks to Business Day TV about the group's interim financial performance

Afrimat eyes even more acquisitions after emerging from Covid-19 with net cash

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The group expects headline earnings per share to end-August to rise as much as 5%
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