Afrimat Ltd - Company Profile
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Afrimat Ltd (Afrimat) is an industrial minerals and construction materials supply company. It involves manufacturing, distributing and retailing building and construction materials. The company’s portfolio of products includes crushed aggregates, natural sands, laterites, agricultural lime, metallurgical dolomites, clinker aggregate limestone and silica. Afrimat also offers concrete products and ready-mix concrete such as blocks, cement bricks, cement pavers, lintels, precast products and moulded concrete products. It also provides contracting services such as mobile crushing and screening, drilling and blasting. The company has operations in Gauteng, Eastern Cape, KwaZulu-Natal, Western Cape, Mpumalanga, Free State, Limpopo, Northern Cape, and Namibia. Afrimat is headquartered in Bellville, South Africa.
Headquarters
South Africa
Address
Tyger Valley Office Park No. 2, Cnr Willie Van Schoor & Old Oak Rd, Tyger Valley, Bellville, 7536
Website
www.afrimat.co.za
Telephone
27 21 9178840
No of Employees
2,668
Industry
Metals and Mining
Ticker Symbol & Exchange
AFT (JNB)
Revenue (2022)
$300.0M
4.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-14.4%
(2022 vs 2021)
Market Cap*
$534.3M
Net Profit Margin (2022)
XYZ
-18.4%
(2022 vs 2021)
* As of and is in US$
Afrimat Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Limestone | Contracted Drilling Services |
| Gravel | Transport and Logistics |
| ReadyMix | Blasting Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In June, the company acquired Lafarge South Africa Holdings (Pty) Ltd. |
| 2022 | New Products/Services | In January, the company introduces its new product portfolio with phosphate and rare earths. |
| 2021 | Acquisitions/Mergers/Takeovers | In December, the company acquired Glenover Phosphate for US$34.32 million to expand its portfolio. |
Competitor Comparison
| Key Parameters | Afrimat Ltd | Insimbi Industrial Holdings Ltd | Brikor Ltd | African Brick Centre Limited | Buildmax Ltd |
|---|---|---|---|---|---|
| Headquarters | South Africa | South Africa | South Africa | South Africa | South Africa |
| City | Bellville | Germiston | Nigel | Krugersdorp | Bapsfontein |
| No. of Employees | 2,668 | 468 | 338 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andries J van Heerden | Director; Chief Executive Officer | Executive Board | - | 57 |
| Pieter GS de Wit | Chief Financial Officer | Executive Board | 2016 | 49 |
| Collin Ramukhubathi | Director | Executive Board | 2019 | 49 |
| Francois M. Louw | Director | Non Executive Board | - | 62 |
| Phuti RE Tsukudu | Director | Non Executive Board | - | 69 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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