Afrimat’s diversification contributes to strong full-year results

Industrial minerals and construction materials group Afrimat has recorded a good overall performance for the year ended February 28, and achieved positive results for the period owing to its diversification strategy, Afrimat group CEO Andries van Heerden said in a statement on Thursday. The group’s entry into bulk commodities two years ago was highlighted as having been well-timed, given that it contributed considerably to its sustained earnings growth in the year under review.