12 South African Stocks To Watch In 2015

Written by Julia Austin

Howden Africa

Howden Africa works mostly in the power sector, producing large-scale engineered products such as heat exchangers and industrial cooling. Clayton says the company has seen a five-year median return on equity of 53 percent and that it’s pursuing new opportunities in Africa to “improve diversification.” In the company’s report for the period ending June 2014, there was a 7-percent increase in earnings per share, a 9.2-percent increase in operating profit and a 73.9-percent increase in cash and cash equivalents.

Source: Moneyweb.co.za