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Trading update for the year ended 28 February 2014
Afrimat Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022534/06)
Code: AFT ISIN: ZAE 000086302
("Afrimat" or “the Company”)
TRADING UPDATE FOR THE YEAR ENDED 28 FEBRUARY 2014
In terms of the JSE Listings Requirements, companies are required to publish a trading statement as
soon as they are satisfied with a reasonable degree of certainty that the financial results of the period
to be reported upon will differ by 20% or more from the financial results of the previous corresponding
period.
Afrimat is pleased to announce that headline earnings, headline earnings per share (“HEPS”) and
earnings per share (“EPS”) are each expected to increase by between 40% and 45%, respectively, for
the year ended 28 February 2014 ("the year") compared to the previous year. The results of Infrasors
Holdings Limited (“Infrasors”) are included from 1 March 2013.
Afrimat acquired a 50,7% stake in Infrasors on 1 March 2013 and has since incrementally increased its
shareholding to 79.6%. Treasury shares account for 12.0% while the minorities account for the
remaining 8.4% of the Infrasors’ total issued shares. Infrasors produces dolomite, limestone and silica.
The financial information on which this trading statement is based has not been reviewed by the
Company’s auditors. The Company’s financial results will be released on or about 15 May 2014.
By order of the Board of Directors
Johannesburg
29 April 2014
Sponsor: Bridge Capital Advisors Proprietary Limited
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