by Rowan Goeller | May 16, 2025 | Construction and Basic Materials
Key message: A weak result but a better performance is expected in FY26. Afrimat released FY25 results, with HEPS declining 78% to 71.4c on a 36.7% increase in revenue and 59% decline in operating profit. The operating margin declined to 5.7% (from 18.9%) largely due...
by Rowan Goeller | Mar 28, 2025 | Construction and Basic Materials
Key message: A bold defensive move to build a new 1.5mtpa integrated cement plant in the W Cape to retain control of the region. PPC held a Capital Markets Day. Along with the Trading Update released earlier in the month PPC is showing a more commercial focus with...
by Rowan Goeller | Jan 21, 2025 | Construction and Basic Materials
Key message: A bold defensive move to build a new 1.5mtpa integrated cement plant in the W Cape to retain control of the region. PPC announced the signing of a MOU with Sinoma for a R3bn 1.5mtpa integrated cement plant in the Western Cape. The plant will be built at...
by Rowan Goeller | Nov 19, 2024 | Construction and Basic Materials
Key message: A major strategic overhaul should boost efficiencies and margins and lower costs. PPC released 1H FY25 results. HEPS increased 10% to 22c on a 4.2% and 1% decline in revenue and EBITDA respectively. A special dividend of 33.5c (65% of the proceeds of the...
