IHS Chemical Week

Regions :: Africa :: South Africa

AECI's First Half Earnings Will More Than Double

2:31 AM MDT | July 8, 2010 | Natasha Alperowicz

AECI (Johannesburg) says earnings for the first half of 2010 will more than double as demand for its products continues to grow. The South African explosives and chemicals group says earnings per share for the six months to June 30th, 2010 will be between 115% to 135% higher than those achieved for the first half of 2009. AECI will release its results on July 28th. "AECI's customers in the core business sectors of mining and manufacturing experienced an extremely turbulent trading environment in 2009, especially in the first six months as the global...

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