RMB Morgan Stanley
Off Piste Conference
20 September 2023
Core message
Our strategy is | ||
working and | Substantial progress | |
provides a trajectory | made on strategic | |
for sustained long- | projects | |
term growth | ||
Company culture and high standard of
execution supports Group moats
2
1
WHAT
WE DO
A leading, empowered mid-tier
mining and materials supply company
What we do
Growth through structured diversification
Construction
Materials
Aggregates | readymix | concrete products
- 26 commercial quarries
- 22 commercial readymix concrete plants
- 2 clinker sources (largest clinker ash processor in South Africa - 1,5 million tonnes)
- 8 precast operations
- 7 sand mines
Industrial
Minerals
Limestone | dolomite | industrial sands
- 2 limestone sources
- 2 dolomite sources
- 1 agricultural limestone mine
Bulk Commodities
Iron ore | anthracite
- 3 iron ore mines
- 1 anthracite mine
Future |
Materials and Metals |
Phosphate | vermiculite | rare earth elements
- Phosphate, vermiculite and rare earth minerals
- Track record of excellence and core competence in mid-tier mining and materials supply
- Well diversified across different industries, commodities and processes to ensure consistent delivery
- PAT CAGR of 18,9% (Feb 2009 - Feb 2023)
Return on net operating assets 24% (2022: 33%)
Rationale for and result of diversified structure
- Good blend of locally and internationally priced commodities
- Exposure to different currencies
- Exposure to different economic cycles
- Similar operational skills
- Smooth growth for more than a decade
- Allowing for longer life-of-mine
- Creates many opportunities
Profit history with and without acquisitions | |||
600 | |||
500 | |||
400 | 1. | Glen Douglas | |
2. | Clinker Group | ||
Cents | 300 | 3. | Infrasors |
4. | Cape Lime | ||
200 | 5. | Demaneng | |
6. | Nkomati | ||
100 | 7. | Jenkins | |
8. | Glenover | ||
0 | |||
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 | |||
Headline earnings per share | Reality without strategic acquisitions | ||
5 |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Afrimat Limited published this content on 22 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2023 07:09:07 UTC.