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Afrimat jumps on profit forecast

Companies

Johannesburg - Shares of Afrimat jump more than 5 percent after the construction material supplier said on Tuesday it expected full-year earnings to climb by up to 45 percent.

The earnings guidance was released after the market had closed.

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The company's shares are up 5.37 percent at 15.70 rand, on track for its highest level ever and bucking the decline of of the Johannesburg All-share index. - Reuters

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