Afrimat Limited Provides Earnings Guidance for the Year Ended February 29, 2020
April 09, 2020 at 06:31 am EDT
Afrimat Limited provided earnings guidance for the year ended February 29, 2020. The Company expects earnings per share ("EPS") to be between 318.2 cents and 362.4 cents per share (2019: 221.0 cents per share) reflecting an increase of between 44% and 64% on the previous year. The Company expects headline earnings per share ("HEPS") to be between 323.1 cents and 369.9 cents per share (2019: 234.1 cents per share) reflecting an increase of between 38% and 58% on the previous year.