Afrimat, the diversified mining and construction materials group, expects EPS down between 95% and 100%, to between 0.1c and 5.2c. HEPS is expected to fall from 101.9c to a headline loss between 55c and 60c. Iron ore was the main drag, with mine gate revenue per tonne down 16.4% and domestic volumes down 36.5%. Aggregates and fly ash performed strongly, while cement remained loss making and higher shipping costs further pressured profitability.
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