Insimbi Refractory and Alloy Supplies Limited reported revenue results for the month and six months ended 31 August 2018. For the period, group revenue has increased by over 20% compared to the corresponding period and this trend looks set to continue into the second half of the year.

August was a particularly good month for the Group with revenue of approximately ZAR 500 million and an improvement in margins.

The company provided earnings guidance for the six months ended 31 August 2018. The company expects headline earnings per share between 8.40 cents and 9.00 cents for the six months ended August 2018 when compared to the reported HEPS of 11.95 cents for the six months ended August 2017. Earnings per share will be between 9.12 cents and 9.70 cents when compared to the reported EPS of 11.97 cents for the corresponding period.