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Afrimat Ltd Company Snapshot
Afrimat Limited is an open pit mining company that supplies materials and contracting services to the industrial minerals, building, construction, road building, railroad and mining sectors. The Company operates through two segments: Mining & Aggregates/Minerals, and Concrete Based Products. The Mining & Aggregates/Minerals segment is engaged in open pit mining and processing of industrial minerals, as well as aggregates products. It offers products, including Metallurgical dolomite, Metallurgical quartzite, Agricultural lime, Clinker ash, Silica sand, and Aggregates, such as crushed stone and sand. It offers services, such as mobile crushing and reclaiming. The Concrete Based Products segment is engaged in concrete brick and block manufacturing, and readymix concrete batching, and offers products, including building blocks and bricks, and pavers. Its services include readymix concrete batched on demand and transported to customers by concrete mixer trucks, and readymix mortar.

Sales Analysis. Afrimat Ltd reported sales of 3.30 billion South African Rands (US$218.39 million) for the fiscal year ending February of 2020. This represents an increase of 11.4% versus 2019, when the company's sales were 2.97 billion South African Rands. This was the fourth straight year of sales growth at Afrimat Ltd. Sales of Bulk Commodities saw an increase that was more than double the company's growth rate: sales were up 52.1% in 2020, from 682.20 million South African Rands to 1.04 billion South African Rands. Not all segments of Afrimat Ltd experienced an increase in sales in 2020: sales of Construction Materials fell 0.7% to 1.85 billion South African Rands.
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Afrimat Ltd
  Stock Performance Chart for Afrimat Ltd
  Stock Data: Recent Stock Performance:
  Current Price (11/20/2020): 38.83
(Figures in South African Rands)
1 Week 2.2%   13 Weeks 1.0%  
4 Weeks 15.9%   52 Weeks 18.4%  
Afrimat Ltd Key Data:
  Ticker: AFT Country: South Africa
  Exchanges: JNB Major Industry: Materials
    Sub Industry: Ready-Mixed Concrete
  2020 Sales 3,304,376,000
(Year Ending Jan 2021).
Employees: 2,289
  Currency: South African Rands Market Cap: 5,229,563,592
  Fiscal Yr Ends: February Shares Outstanding: 134,678,434
  Share Type: Ordinary Closely Held Shares: 47,288,030
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