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Afrimat - trading statement and board committees
Trading statement
The Company hereby advised that for the period ended 31 August 2025:
• earnings per share ("EPS") is expected to be between 101.4 cents and 104.3 cents, representing an increase of between 74% and 79% compared to EPS of 58.3 cents reported for the period ended 31 August 2024 (restated);
• headline earnings per share ("HEPS") is expected to be between 100.7 cents and 103.4 cents, representing an increase of between 90% and 95% compared to HEPS of 53.0 cents reported for the period ended 31 August 2024.
Reporting date
The Company's financial results are expected to be released on or about 23 October 2025. At that time, management will update the market in greater detail regarding the performance for the interim period and provide an outlook for the remainder of the financial year.
Changes to Board Committees
The board of directors of the Company ("Board") advised Afrimat shareholders of the following changes to the Afrimat Social, Ethics and Sustainability Committee and the Audit and Risk Committee, which changes have been approved by the Board and are effective immediately:
Social, Ethics and Sustainability Committee:
Mr P Joubert ("Mr Joubert") has been appointed as a member of the Social, Ethics and Sustainability Committee of the Company.
Audit and Risk Committee:
Mr J Breytenbach ("Mr Breytenbach") has been appointed as a member of the Audit and Risk Committee of the Company.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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