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Afrimat Ltd Comments On H1 2013 Earnings Guidance
Afrimat Ltd announced that for the first half of 2013, it expects earnings per share and headline earnings per share (HEPS) to increase by between 7% and 12% and 15% and 20% respectively, compared to the comparative period in the previous year. HEPS was impacted by the dilution as a result of treasury shares utilized as part settlement for the Clinker Group acquisition.
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