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.
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