
Afrimat keeps dividend unchanged
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Afrimat has reported a 7.2% rise in revenue, but this did not translate into its bottom line as headline earnings per share declined by 14.2%. The building materials and mining group says during the interim period it had to deal with lower iron ore prices, the economic slowdown and increased input costs. Despite this, its kept its dividend unchanged at 40 cents per share. Business Day TV unpacked the results with CEO, Andries van Heerden.