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PPC Q1 trading in line with expectations

Cement maker PPC on Thursday said its first-quarter revenue had tracked ahead of the comparative period in the prior year, while group earnings before interest, taxes, depreciation and amortisation (Ebitda) were in line with that of the first quarter of the previous year. However, while the South African operations faced continued difficulties, the operations across the rest of Africa showed robust growth during the three months to June 30.

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