https://newsletter-mw.creamermedia.com
Africa|Aggregates|Business|Cement|Export|Financial|Iron Ore|Readymix
Africa|Aggregates|Business|Cement|Export|Financial|Iron Ore|Readymix
africa|aggregates|business|cement|export|financial|iron-ore|readymix

Afrimat to report higher full-year EPS, HEPS

The Nkomati anthracite mine

The Nkomati anthracite mine

21st April 2026

By: Sabrina Jardim

Senior Online Writer

     

Font size: - +

JSE-listed Afrimat expects to report a 22.1% to 32.1% year-on-year increase in earnings per share (EPS) to between 76.9c and 83.2c for the financial year ended February 28.

In a trading statement, Afrimat says its headline earnings per share (HEPS) are also expected to be between 27% and 37.1% higher year-on-year at between 91.8c and 99.1c.

As noted in a February business update to shareholders, the company achieved a good performance in the aggregates business, as well as the successful sale of noncore brick and block and readymix plants, during the financial year under review.

Cement segment losses also moderated, while local iron-ore sales volumes increased and export iron-ore sales remained satisfactory.

Since mid-February, Afrimat notes, the restart of certain ferrochrome smelters in South Africa led to Afrimat restarting the supply of anthracite from its Nkomati anthracite mine, in Mpumalanga.

This would, however, not impact on the results for the year ended February 28, which Afrimat expects to publish on or about May 20.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds is a leading steel, tube, and engineering product supplier in South Africa.

VISIT SHOWROOM 
Columbus Stainless
Columbus Stainless

Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.049 0.137s - 121pq - 2rq
Subscribe Now