Revenue Growth – highlights from Afrox annual report


Afrox, a subsidiary of The Linde Group has recorded an 11% increase in annual revenue for the period ended 31st December 2011. Revenue also exceeded the R5bn mark.

Revenue exceeded the R5bn mark, coming in at R5.2bn. EBITDA also increased 28% to R774m, meanwhile net profit including impairments reached R183m.

According to Afrox, the company continued with its programme to invest in plant modernisation, additional capacity, efficiency enhancements and spent R416m during 2011.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...