Johannesburg – Diversified mining and construction materials supplier Buildmax [JSE:BDM]
announced on Friday it expects its headline earnings from continued operations to improve by between 0.44 cents and 0.55 cents for the six months ended August.
“This positive trading statement should be viewed in conjunction with current and future challenges and opportunities facing the global mining and construction environment as well as the commensurate risks associated with these industries‚” Buildmax said in a note on Friday.
During the period under review‚ the company managed to dispose of all the entities in its Construction Materials Business Unit before the end of the 2012 financial year.
“The group is not required to report on results from discontinued operations for the six months ended 31 August 2012‚” Buildmax said.
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