Afrimat Ltd 2020 IR
The report highlights Afrimat Limited's strong financial and operational performance for the fiscal year ended February 29, 2020, driven by its successful diversification strategy, particularly in the Bulk Commodities segment. The company achieved an 11.4% increase in revenue to R3.3 billion and a 27.5% increase in operating profit to R601.0 million. Notably, Afrimat maintained its commitment to safety, recording zero fatalities for the eighth consecutive year. The group also improved its B-BBEE status to Level 4 and reduced its net debt-to-equity ratio to 8.2%.
Company: Afrimat Ltd
Sector: Mining & quarrying
Country: South Africa
Year: 2020
Type: IR
Pages: 140
Afrimat Ltd
The report highlights Afrimat Limited's strong financial and operational performance for the fiscal year ended February 29, 2020, driven by its successful diversification strategy, particularly in the Bulk Commodities segment. The company achieved an 11.4% increase in revenue to R3.3 billion and a 27.5% increase in operating profit to R601.0 million. Notably, Afrimat maintained its commitment to safety, recording zero fatalities for the eighth consecutive year. The group also improved its B-BBEE status to Level 4 and reduced its net debt-to-equity ratio to 8.2%.
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Document Details
Report Year
2020
Reporting Period
Mar 1, 2019 - Feb 29, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Women on Board
Workplace Fatalities
Employees