In a decimated construction sector, the little gem of Afrimat stands out, boasting a nicely balanced portfolio of construction materials, bulk commodities and industrial minerals. 

For the interim period to August 2019, revenue rose 20% to R1.7bn; the operating profit margin increased from 14% to 19%; operating profit rose 57% to R318m; headline earnings per share (Heps) rose 94% to 181.9c; the interim dividend doubled; and net debt-equity plummeted from 36% to 9%. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now