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PPC supported by Africa growth, while local sales dwindle

Creamer Media Contributing Editor Online
Construction materials supplier PPC's revenue for the nine months ended December 31, 2017, improved on that of the prior comparable period, with interim CEO Johan Claassen noting on Friday that the company continued to make good progress in terms of its deliverables. However, PPC noted that the lack of large infrastructure projects continued to hamper cement volume growth in South Africa. It estimated that growth in overall cement demand had declined by 3% to 4% in South Africa.

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