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As of 11:00 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

afrimat ltd (AFT) Snapshot

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05/16/14 - $1,700
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07/29/13 - $885.00
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afrimat ltd (AFT) Details

Afrimat Limited, an open pit mining company, is engaged in the mining, processing, and supply of various aggregates and industrial minerals to the industrial minerals, building, construction, road building, railroad, and mining sectors. The company operates through two segments, Mining & Aggregates, and Concrete Based Products. The Mining & Aggregates segment offers aggregates, such as stone and sand; metallurgical dolomite and quartzite; agricultural lime; clinker; limestone and silica sand; and fire retardants, as well as mobile crushing and screening, drilling, and blasting services. The Concrete Based Products segment provides building blocks and bricks, pavers, and various other precast products, as well as ready mix concrete and mortar. It also provides bid preparation and contractual services. The company operates in the Western Cape, Eastern Cape, KwaZulu-Natal, Free State, Northern Cape, Gauteng, Limpopo, and Mpumalanga, South Africa, as well as in Namibia. The company was founded in 1963 and is headquartered in Bellville, South Africa.

2,381 Employees
Last Reported Date: 07/8/14
Founded in 1963

afrimat ltd (AFT) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: R4.0M
Financial Director, Executive Director and Me...
Total Annual Compensation: R2.5M
Head of Operational Efficiency, Executive Dir...
Total Annual Compensation: R1.8M
Compensation as of Fiscal Year 2014.

afrimat ltd (AFT) Key Developments

Afrimat Limited Announces Consolidated Earnings Results for the Year Ended February 28, 2014

Afrimat Limited announced consolidated earnings results for the year ended February 28, 2014. For the year, the company reported revenue was ZAR 1,901,187,000 compared to ZAR 1,337,585,000 a year ago. Operating profit was ZAR 229,697,000 compared to ZAR 147,834,000 a year ago. Profit before taxation was ZAR 221,076,000 compared to ZAR 144,417,000 a year ago. Profit attributable to parent was ZAR 154,509,000 compared to ZAR 103,778,000 a year ago. Diluted earnings per ordinary share were 105.6 cents compared to 70.2 cents a year ago. Headline earnings per diluted share were 109.0 cents compared to 76.9 cents a year ago. Net cash from operating activities was ZAR 243,861,000 compared to ZAR 169,764,000 a year ago. Acquisition of property, plant and equipment was ZAR 121,326,000 compared to ZAR 82,934,000 a year ago.

Afrimat Limited Provides Earnings Guidance for the Year Ended February 28, 2014

Afrimat Limited provided earnings guidance for the year ended February 28, 2014. For the year, the company's headline earnings, headline earnings per share and earnings per share are each expected to increase by between 40% and 45%, respectively compared to the previous year.

Afrimat Limited to Report Fiscal Year 2014 Results on May 15, 2014

Afrimat Limited announced that they will report fiscal year 2014 results on May 15, 2014


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