Confident Metair restores dividend as it eyes vehicle market recovery
A robust performance in the second half and expectations of improvement in 2021 have allowed Metair to reward shareholders
18 March 2021 - 13:57
UPDATED 18 March 2021 - 17:55
Battery and vehicle component maker Metair says it is surprised with the sharp recovery from Covid-19 in the vehicle market, prompting it to restore its dividend.
The resumption of dividend payment comes as the company gears up to spend as much as R1.5bn on production capacity after scoring big SA contracts...
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