Afrimat Ltd - Company Profile
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Afrimat Ltd (Afrimat) is an industrial minerals and construction materials supply company. The company specializes in the supply of beneficiated, processed, and sized materials, as well as contracting services to various sectors, including industrial minerals, building, construction, road-building, railroad, and mining. Afrimat's major products include construction materials such as aggregates, cement, fly ash, and readymix concrete, industrial minerals like lime and dolomite, bulk commodities such as iron ore and anthracite, and future materials and metals including phosphate. The company's products serve a diverse range of customers across industries like agriculture, construction, civil engineering, and infrastructure projects. Afrimat operates through a network of quarries, mines, and batching plants across several provinces in South Africa, including the Western Cape, Eastern Cape, KwaZulu-Natal, and others. The company targets both local and international markets, supplying bulk commodities and phosphates to various sectors. Afrimat is headquartered in Bellville, Western Cape, South Africa.
Headquarters
South Africa
Address
Tyger Valley Office Park No. 2, Cnr Willie Van Schoor & Old Oak Rd, Tyger Valley, Bellville, Western Cape, 7536
Website
www.afrimat.co.za
Telephone
27 21 9178840
No of Employees
2,755
Industry
Metals and Mining
Ticker Symbol & Exchange
AFT (JNB)
Revenue (2024)
$454.1M
36.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-87.8%
(2024 vs 2023)
Market Cap*
$274.8M
Net Profit Margin (2024)
XYZ
-91.1%
(2024 vs 2023)
* As of and is in US$
Afrimat Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Limestone | Contracted Drilling Services |
| ReadyMix | Transport and Logistics |
| Silica Sand | 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 | African Brick Centre Limited | Buildmax Ltd | Endiama EP |
|---|---|---|---|---|---|
| Headquarters | South Africa | South Africa | South Africa | South Africa | Angola |
| City | Bellville | Germiston | Krugersdorp | Bapsfontein | Luanda |
| State/Province | Western Cape | - | - | - | Luanda |
| No. of Employees | 2,755 | 394 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andries J van Heerden | Chief Executive Officer; Director | Executive Board | - | 59 |
| Pieter GS de Wit | Chief Financial Officer; Director | Executive Board | 2016 | 51 |
| Collin Ramukhubathi | Director | Executive Board | 2019 | 51 |
| Francois M. Louw | Chairman | Non Executive Board | - | 64 |
| Gerhard Odendaal | Director | Executive Board | 2022 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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