A good year for PPC
For South African cement producer PPC Ltd, 2013 was a year of growth, expansion, green technology and historical milestones. These were all underpinned by the celebration of over 12 decades of innovation as a leading cement producer in southern Africa. By PPC, South Africa.
During fiscal year 2013, PPC recorded a 13 per cent YoY increase in group revenue to ZAR8.3bn (US$755m). Headline earnings per share rose 10 per cent to ZAR1.79 from the previous year’s ZAR1.62. This positive growth came despite challenging market conditions in South Africa, namely due to rising input costs, competitive pricing and excess production capacity.