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06-Nov-2017
(C)
08-Sep-2017
(Official Notice)
Raubex shareholders are advised that at the Annual General Meeting of members held on Friday, 08 September 2017, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.



The board has taken notice of the shareholders? view expressed in the non-binding advisory vote on the remuneration policy and will continue to engage with them on this matter.
29-Aug-2017
(Official Notice)
Raubex announced the appointment of Ms Grace Chemaly as Company Secretary and Legal Advisor of the Group effective 16 October 2017.
31-Jul-2017
(Official Notice)
Shareholders are advised that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and is available on the Company?s website, www.raubex.com.
28-Jul-2017
(Official Notice)
Shareholders are advised that the company?s 2017 Integrated Report, containing the annual financial statements for the year ended 28 February 2017, was posted to shareholders today and contains no modifications to the audited results which were published on 8 May 2017. PricewaterhouseCoopers Inc. audited the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice is hereby given that the Annual General Meeting (?AGM?) of ordinary shareholders will be held at 10h00 on Friday 8 September 2017 at The Firs, 302 3rd Floor, corner Craddock and Biermann Road, Rosebank, 2196, to transact the business as stated in the annual general meeting notice, forming part of the Integrated Report. The record date for the purpose of determining which shareholders of the Company are entitled to participate in and vote at the AGM is Friday, 1 September 2017. Accordingly, the last date to trade for shareholders to be entitled to attend, speak and vote at the AGM is Tuesday, 29 August 2017.



The AGM will also be broadcast live via a webcast available through a link on the company?s website ? www.raubex.com. Please note that shareholders will not be able to vote through the webcast.
22-Jun-2017
(Official Notice)
Shareholders are advised of the following changes to the Board that will take effect after the Annual General Meeting (?AGM?) scheduled to be held on 8 September 2017 and notice of which will be issued on the release of the group?s Integrated Report.



Mr JE Raubenheimer (?Koos?), now 74 years of age, has informed the Board of his intention to retire from his position as Chairman of the Board and Non-executive Director of the Company and will therefore not be making himself available for re-election at the upcoming AGM.



Mr F Kenney, currently a Non-executive Director has been appointed by the Board and will make himself available for election as Chairman at the AGM.



Mr LA Maxwell will continue to serve as the Lead Independent Non-executive Director.



Shareholders are also advised of the resignation of Mrs H E Ernst, Company Secretary, following the upcoming AGM. Mrs Ernst leaves Raubex after 9 years for personal reasons in order to spend more time at home raising her children. The Board would like to thank Mrs Ernst for her contribution as Company Secretary and Legal Advisor.
02-Jun-2017
(Official Notice)
Raubex announced the appointment of Ms Setshego Rebecca Bogatsu as independent non-executive director of the Company with effect from 1 June 2017. Ms Bogatsu will be serving as a member of the Audit Committee as well as a member of the Remuneration and Nominations Committee.
08-May-2017
(C)
23-Jan-2017
(Official Notice)
The Company announces that Mrs Ntombi Felicia Msiza, who joined Raubex as an Independent non-executive director in February 2011, has been appointed as an executive director responsible for Governance, Risk and Compliance effective from 1 March 2017.



Committee in addition to various roles in both the public and private sector.



Following the change in function of Mrs Msiza, the board will comprise of three executive directors and four non-executive directors, two of whom are independent. The company will seek to appoint an additional independent non-executive director in due course.



07-Nov-2016
(C)
11-Oct-2016
(Official Notice)
27-Sep-2016
(Official Notice)
Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the six month period ended 31 August 2016 to be between 20% and 25% higher compared to the corresponding period to 31 August 2015. This translates in earnings per share ranging between 129.6 and 135 cents per share (H1 2016: 108 cents per share) and headline earnings per share ranging between 128.4 and 133.8 cents per share (H1 2016: 107 cents per share).



The release of the results for the period ended 31 August 2016 is anticipated to be published on or about 7 November 2016.
02-Sep-2016
(Official Notice)
Raubex shareholders are advised that at the Annual General Meeting of members held on Friday, 02 September 2016, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members. In this regard, Raubex confirms the voting statistics from the AGM as follows:

*Total number of shares that could be voted at meeting: 180,387,702

*Total number of shares present/represented including proxies at meeting: 149,823,062

*Total number of members present:12



04-Aug-2016
(Official Notice)
On 4 August 2016, the company cancelled and de-listed 7 500 000 ordinary shares.



These shares were acquired as part of a specific repurchase from an associate of a non- executive director of the company in terms of the authority to repurchase the shares approved by the shareholders of the company at the general meeting held on 20 July 2016.



The shares cancelled represent 3.96% of the issued share capital of the company immediately prior to such cancellation. Following the cancellation, the issued share capital of the company will now comprise 181 750 036 ordinary shares of 1 cent each.
01-Aug-2016
(Official Notice)
Shareholders are advised that the company?s 2016 Integrated Report, containing the annual financial statements for the year ended 29 February 2016, was posted to shareholders today and contains no modifications to the audited results which were published on 09 May 2016. PricewaterhouseCoopers Inc. audited the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice is hereby given that the Annual General Meeting (?AGM?) of ordinary shareholders will be held at 10h00 on Friday 02 September 2016 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa to transact the business as stated in the annual general meeting notice, forming part of the Integrated Report.



The AGM will also be broadcast live via a webcast available through a link on the company?s website ? www.raubex.com. Please note that shareholders will not be able to vote through the webcast.
20-Jul-2016
(Official Notice)
Raubex shareholders are advised that at the general meeting of members held on Wednesday 20th July 2016 all the ordinary and special resolutions as proposed in the Notice of the General Meeting were approved by the requisite majority of members.

21-Jun-2016
(Official Notice)
19-May-2016
(Official Notice)
09-May-2016
(C)
Revenue for the year increased to R7.926 billion (2015: R7.245 billion). Gross profit rose to R1.125 billion (2015: R987.5 million), operating profit was higher at R710.6 million (2015: R622.2 million), while profit for the year attributable to owners of the parent climbed to R445.3 million (2015: R399.8 million). Furthermore, headline earnings per share grew to 234.4 cents per share (2015: 209.1 cents per share).



Dividend declaration

The directors have declared a gross final cash dividend from income reserves of 42 cents per share on 9 May 2016 for the year ended 29 February 2016.



Prospects

The Group has a secured order book of R8,27 billion (2015: R8,68 billion) with 25,8% of the order book representing contracts outside of South Africa in the rest of Africa. The Zambia Link 8000 contracts account for R890 million of the order book. The Group's road construction operations have secured a good quality short-term order book and are executing effectively with no problem contracts. The focus will now be on order book replacement to secure the medium term. With SANRAL receiving above inflationary increases in its maintenance budget and an increasing order book of provincial government work, prospects are encouraging.



Favourable operating conditions are expected to continue for the commercial quarry operations and the Group will continue to look for acquisitions in the materials sector to expand its geographical footprint. Post year-end, the Competition Tribunal approved the acquisition of the OMV Kimberley quarry with conditions. The material handling and processing operations are expected to remain stable given current commodity price levels. A stable labour force and demand for commodities are key to the prospects of these operations. Should the outlook for specific commodities change, there is client and commodity diversification within the operations to mitigate risk.



Projects in the renewable energy sector are gaining momentum and the Infrastructure division is well placed to benefit from the continued roll out of Eskom's Renewable Energy Independent Power Producer Procurement Programme ("REIPPP"). Supported by encouraging prospects, a strong balance sheet and healthy cash position, the Group is looking forward to another good year ahead as it enters its tenth year of operations since listing on the JSE in March 2007.
09-Nov-2015
(C)
Revenue for the period rose to R3.9 billion (R3.7 billion) and gross profit increased to R549.1 million (R487.9 million). Operating profit was higher at R329.3 million (R300.8 million). Profit attributable to owners increased to R204.3 million (R193.9 million). Furthermore, headline earnings per share was higher at 107 cents per share (101.6 cents per share).



Dividend

The directors have declared a gross interim cash dividend from income reserves of 36 cents per share on 9 November 2015 for the six-month period ended 31 August 2015.



Prospects

The Medium Term Budget Policy Statement presented to Parliament on 21 October 2015 proposed baseline increases to the SANRAL budget over the Medium Term Expenditure Framework period to arrest deterioration of the national road network. To improve the efficiency of investments in the secondary road network, a new performance component incorporating efficiency indicators for managing road networks was proposed and will be introduced in the provincial roads maintenance grant. These proposals are encouraging and should ensure that a healthy volume of road construction and rehabilitation work is available for tender in the medium term.



The Group has a secured order book of R8,24 billion (H1 2015: R7,54 billion) and will use this base to continue focusing on the effective execution of current contracts and selective tendering for replacement work at better margins. The Zambia Link 8000 contracts account for R975,0 million of the current order book. The outlook for commercial quarry operations and material handling and processing operations remains positive and the Group will continue to look for acquisitions in the materials sector to expand its geographical footprint.



Prospects for future work in the solar energy sector are encouraging with a number of bids submitted during the period. With the bitumen and aggregate supply issues that affected asphalt production now resolved and the execution of solar projects in progress, the Group is looking forward to an improved performance in the period ahead.
26-Oct-2015
(Official Notice)
09-Oct-2015
(Official Notice)
Raubex shareholders are advised that at the Annual General Meeting of members held on Friday, 9 October 2015, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.
31-Jul-2015
(Official Notice)
Shareholders are advised that the company?s 2015 Integrated Report, containing the annual financial statements for the year ended 28 February 2015, was posted to shareholders today and contains no modifications to the audited results which were published on 11 May 2015. PricewaterhouseCoopers Inc. audited the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice is hereby given that the Annual General Meeting (?AGM?) of ordinary shareholders will be held at 10h00 on Friday 09 October 2015 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa to transact the business as stated in the annual general meeting notice, forming part of the Integrated Report.



The AGM will also be broadcast live via a webcast available through a link on the company?s website ? www.raubex.com. Please note that shareholders will not be able to vote through the webcast.
11-May-2015
(C)
Revenue for the year grew to R7.2 billion (R6.3 billion). Gross profit rose to R987.5 million (R861.1 million). Operating profit increased to R622.2 million (R539.9 million). Profit for the year attributable to owners was higher at R399.8 million (355.6 million). In addition, headline earnings per share jumped to 209.1 cents per share (187.1 cents per share).



Dividend declaration

The directors have declared a gross final cash dividend from income reserves of 36 cents per share on 11 May 2015 for the year ended 28 February 2015.



Prospects

The Group has grown its order book by 32.5% to R8.68 billion (2014: R6.55 billion) with 25.4% of the order book now representing contracts in Africa. With a healthy short-term order book secured, the Group will now focus on effective execution of current contracts and selective tendering for replacement work.



A number of earnings enhancing acquisitions were bedded down during the year and the Group will continue to look for acquisitions in the materials sector in the year ahead. In line with this strategy, the Group acquired the Belabela quarry in Gaborone, Botswana on 18 April 2015. This acquisition will give the Group a platform for expansion in the Botswana market.



Whilst mindful of the constant risks associated with industrial action in South Africa and the effect of commodity prices on the mining industry, the Group expects healthy operating conditions to continue in the materials sector.



Raubex's drive to diversify the Group's revenue streams over the past few years has resulted in the materials division now contributing over 50% of the Group's total earnings and the successful development of the infrastructure division. This, together with the higher margin work secured in Zambia, positions the Group well to navigate the challenging conditions in the South African construction market and deliver growth in the year ahead.
24-Mar-2015
(Official Notice)
Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the year ended 28 February 2015 to be between 5% and 15% higher compared to the corresponding audited period to 28 February 2014. This translates in earnings per share ranging between 200.9 and 220.0 cents per share in relation to the comparative period (191.3 cents per share) and headline earnings per share ranging between 196.5 and 215.2 cents per share in relation to the comparative period (187.1 cents per share).



The release of the annual results for the year ended 28 February 2015 is anticipated to be published on or about 11 May 2015.
10-Nov-2014
(C)
03-Oct-2014
(Official Notice)
Raubex shareholders are advised that at the Annual General Meeting of members held on Friday, 3 October 2014, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.
15-Aug-2014
(Official Notice)
Shareholders are advised that the company's 2014 Integrated Report, containing the annual financial statements for the year ended 28 February 2014, was posted to shareholders today and contains no modifications to the audited results which were published on 12 May 2014. PricewaterhouseCoopers Inc. audited the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice is hereby given that the Annual General Meeting ("AGM") of ordinary shareholders will be held at 10:00 on Friday 3 October 2014 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa to transact the business as stated in the annual general meeting notice, forming part of the Integrated Report.



The AGM will also be broadcast live via a webcast available through a link on the company's website - www.raubex.com. Please note that shareholders will not be able to vote through the webcast.
23-Jun-2014
(Official Notice)
Shareholders are referred to the Group's annual results announcement published on 12 May 2014 and which indicated the pending award of the Zambia Link 8000 contract for the upgrading of approximately 117 km of the Mpika-Nabwalya-Mfuwe road (RD49) in the north eastern Muchinga Province of Zambia.



Raubex announced that the contract has been formally awarded and signed by the Zambian Road Development Agency for an amount of ZMW 540 million. Mobilisation will commence in July 2014 and the contract has a completion period of 30 months.



This contract follows the awarding of the ZMW 265 million contract for the upgrading of approximately 94 km of the Safwa to Chinsali road earlier this year. Site establishment for this contract, which is also in the Muchinga Province of Zambia, is in progress and the contract has a completion period of 24 months.
18-Jun-2014
(Official Notice)
Shareholders are advised that Raubex has acquired 60% of the issued shares of Shisalanga for a purchase price of R38.4 million to be settled in cash. Shisalanga manufactures a range of asphalt products from its plants based in Northern Kwazulu Natal. All the necessary regulatory approvals have been received and the acquisition is effective from 1 June 2014.



Shareholders are further advised that Raubex has acquired a 70% interest in OMV's aggregate crushing and ready-mix concrete operations situated near Stilfontein and a 70% interest in OMV's gypsum operations situated near Potchefstroom in the North West Province for a purchase price of R70.3 million to be settled in cash. All the necessary regulatory approvals have been received and the acquisition is to be effective from 1 July 2014.
12-May-2014
(C)
11-Nov-2013
(C)
07-Nov-2013
(Official Notice)
Raubex shareholders are advised that at the Annual General Meeting of members held on Thursday, 7 November 2013, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.
27-Aug-2013
(Official Notice)
Shareholders were advised that the company's 2013 Integrated Report, containing the annual financial statements for the year ended 28 February 2013, was posted to shareholders today and contains no modifications to the audited results which were published on 13 May 2013. PricewaterhouseCoopers Inc. audited the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice was given that the Annual General Meeting ("AGM") of ordinary shareholders will be held at 10:00 on Thursday 7 November 2013 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa to transact the business as stated in the annual general meeting notice, forming part of the Integrated Report.



Electronic participation at the AGM

Shareholders or their proxies may participate in the AGM via electronic communication. In this regards, a conferencing facility will be available in Cape Town at the following location: 6 Buketraube Crescent, Saxenburg 2, Blackheath, Cape Town, South Africa.



The AGM will also be broadcast live via a webcast available through a link on the company's website - www.raubex.com. Please note that shareholders will not be able to vote through the webcast.
24-Jul-2013
(Official Notice)
Shareholders were referred to the SENS announcement dated 12 March 2013 in respect of the resignation of the group's Financial and Commercial Director.



The board of Raubex announced the appointment of James Gibson as Financial Director and executive member of the group's board with immediate effect. This follows a comprehensive recruitment process.
24-Jul-2013
(Official Notice)
Shareholders are referred to the Group's annual results announcement published on 13 May 2013 and which disclosed a provision for an administrative penalty payable to the Competition Commission. The Competition Tribunal has confirmed the administrative penalty of R58.8 million which is to be paid within 30 days from confirmation.
13-May-2013
(C)
Revenue for the year ended 28 February 2013 jumped to R5.6 billion (2012: R5 billion). Gross profit shot up to R792.1 million (2012: R775.2 million), but operating profit decreased to R483.8 million (2012: R531.5 million), while profit for the year attributable to owners of the parent lowered to R301.2 million (2012: R331.2 million). Furthermore, headline earnings per share fell to 158.7cps (2012: 177.2cps).



Dividend declaration

The directors have declared a gross final cash dividend from income reserves of 35cps on 13 May 2013.



Prospects

Trading conditions in the road construction industry are expected to remain challenging in the short term. The volume of work in the road construction and maintenance industry is stable but pricing pressures continue to be experienced. Competitor attrition has continued to take place throughout the year. The Group has maintained a solid order book of R5.23 billion (2012: R4.62 billion). The new Infrastructure Division has made good progress in securing work in the renewable energy sector and is expected to build on its order book as new projects in this field come to the fore.



The Group continues to look for growth through expansion into other African geographies, however operating conditions have been found to be challenging with relatively low returns to compensate for a high level of contract risk. The Group will continue to pursue contracts that will deliver acceptable returns without exposing the Group to unnecessary risk. The Tosas acquisition represents a strong strategic fit for Raubex as an integrated road construction and rehabilitation company operating across southern Africa. The Group has maintained a healthy balance sheet and a strong cash position and is well positioned to take advantage of opportunities that may arise from improved pricing and competitor attrition in the year ahead.
15-Apr-2013
(Official Notice)
Raubex shareholders are advised that the Group has reached an agreement with Sasol Oil (Pty) Ltd. ("Sasol Oil"), a subsidiary of Sasol Ltd., to acquire 100% of Tosas from Sasol Oil ("the Acquisition") for a purchase price of R120 million to be settled in cash. All necessary regulatory approvals, including that of the Competition Commission, have been received and the Acquisition is effective from 26 April 2013.



Tosas is a leading manufacturer and distributor of value-added bituminous products used primarily for road construction activities. Tosas' current footprint includes several bitumen processing and storage facilities in the inland region of South Africa as well as a significant presence in Namibia and Botswana. The acquisition represents a strong strategic fit for Raubex as an integrated road construction and rehabilitation company operating across southern Africa.
12-Mar-2013
(Official Notice)
Shareholders are advised that Francois Diedrechsen has resigned as Financial and Commercial Director of Raubex with effect 31 March 2013. James Gibson, currently Group Financial Accountant, will assume Francois' duties with immediate effect. The process of selecting a permanent candidate for the role of Financial Director is on-going, and the Group will make a further announcement in due course.
05-Nov-2012
(C)
Revenue increased to R2.8 billion (R2.6 billion). Gross profit rose to R415.6 million (R403.5 million) and operating profit improved to R290.8 million (R282.1 million). Net attributable profit increased to R182.3 million (R173.5 million). In addition, headline earnings per share grew to 95.7cps (92.9cps).



Dividend

A gross ordinary interim dividend of 30cps has been declared.



Outlook

Trading conditions in the road construction industry are expected to remain challenging in the short term and the impact of the lower margin work in the current order book will continue to be felt for the remainder of the year. The volume of work in the road construction and maintenance industry is sufficient but pricing pressures persist. The results reported from the group's mining related activities are encouraging and new opportunities continue to be explored in this area.



The recent strikes experienced in the mining and transport sectors will have a negative effect on the performance of the Materials division for the second half of the year. The operations of SPH Kundalila and B-E International have experienced disruptions, whilst the transport strikes affected the supply of bitumen to sites. Management continues to monitor the situation closely. The group has maintained a stable order book of R5 billion (R4.6 billion) and will continue to adopt a cautious approach to tendering for new work in the current low margin environment.



Further expansion into Africa remains a priority as the group continues to look for growth in other geographies. The group has maintained a healthy balance sheet and strong cash position together with a stable order book during this challenging period. The group is well positioned to take advantage of opportunities that may arise from improved pricing and competitor attrition.
05-Oct-2012
(Official Notice)
Raubex shareholders were advised that at the annual general meeting of members held on Friday, 5 October 2012, all the ordinary and special resolutions as proposed in the notice of the annual general meeting were approved by the requisite majority of members, other than ordinary resolution number 5, relating to the general authority to issue shares for cash, which was withdrawn prior to the meeting.
28-Aug-2012
(Official Notice)
Shareholders are advised that the company's 2012 Integrated Report, containing the annual financial statements for the year ended 29 February 2012, was posted to shareholders and contains no modifications to the audited results which were published on 14 May 2012. PricewaterhouseCoopers audited the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice is given that the annual general meeting of ordinary shareholders will be held at 10:00 on Friday 5 October 2012 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa to transact the business as stated in the annual general meeting notice, forming part of the Integrated Report.



Electronic participation at the AGM

Shareholders or their proxies may participate in the AGM via electronic communication. In this regards, a conferencing facility will be available in Cape Town at the following location: 6 Buketraube Crescent, Saxenburg 2, Blackheath, Cape Town, South Africa. The AGM will also be broadcast live via a webcast available through a link on the company's website ? www.raubex.com. Please note that shareholders will not be able to vote through the webcast.
14-May-2012
(C)
Revenue increased to R5 billion (R4.5 billion). Gross profit declined to R775.2 million (R900.4 million) and operating profit decreased to R531.5 million (R662.6 million). Net attributable profit was lower at R331.2 million (R443.4 million). In addition, headline earnings per share fell to 177.2c (240.2cps).



Dividend

A gross final ordinary dividend of 35cps has been declared.



Outlook

Trading conditions in the road construction industry will continue to be challenging in the short term and the impact of lower margin work will continue to be felt in the year ahead. The volume of work in the road construction and maintenance industry is encouraging. However, the severe pricing pressure being experienced continues to present extremely challenging trading conditions. Improvements in mining-related activities are encouraging and the group continues to explore new opportunities in this area. The group has maintained a stable order book of R4.62 billion (2011: R4.38 billion) and has a cautious approach to tendering for new work in the current low margin environment. The group's African expansion drive remains a priority.
10-Apr-2012
(Official Notice)
Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the year ended 29 February 2012 to be between 20% and 30% lower compared to the corresponding audited period to 28 February 2011. This translates in both earnings per share and headline earnings per share ranging between 168.2 and 193.2 cents per share. During the second half of the year, the group's performance continued to be influenced by the pricing pressures in the roads infrastructure sector, resulting downward effect on margins as well as the ongoing countrywide bitumen shortages. The release of the annual results for the year ended 29 February 2012 is anticipated to be published on or about 14 May 2012.
03-Apr-2012
(Official Notice)
Shareholders are advised that Marake Collin Matjila has tendered his resignation as non-executive chairperson of the Raubex board with immediate effect. Given that Mr Matjila is the chief executive officer of Kopano Ke Matla Investment Company, the investment arm of COSATU, and in order to prevent any perceived conflicts of interest in considering Raubex's involvement with national roads privatisation projects, he believes that it is appropriate to stand down. The Board plans to appoint a new Chairperson during its May 2012 meeting.
07-Nov-2011
(C)
Revenue for the interim period ended 31 August 2011 increased to R2.6 billion (2010: R2.5 billion), but gross profit lowered to R403.5 million (2010: R534.2 million), operating profit fell to R282.1 million (2010: R411.2 million), while profit for the period attributable to owners of the parent weakened to R173.5 million (2010: R273 million). Furthermore, headline earnings per share decreased to 92.9cps (2010: 147.6cps).



Dividend

The directors declared an interim cash dividend of 25cps.



Prospects

In the short term, trading conditions in the road construction industry will be challenging and the impact of margin pressure will continue to be felt during the remainder of the financial year and into 2013. The group has adopted a cautious approach to tendering for new work at the prevailing low margins and has maintained a stable order book of R4.6 billion (2011: R4.7 billion). The improvement in mining activities will continue to benefit the material handling and screening operations of B-E International and SPH Kundalila over the short and medium term.



Whilst management remains optimistic with respect to the long-term outlook for the South African road construction industry, government policy towards future toll roads in South Africa remains uncertain. This uncertainty and potential delays in the award of future toll concessions, including the N1/N2 Winelands project, could retard the industry's recovery. With this in mind, the group continues to look for growth in other geographies and valuable experience is being gained around the tendering processes in the promising Indian roads sector, whilst the group's African expansion drive remains a priority. Despite the current market conditions, the group has been able to maintain a healthy balance sheet and strong cash position together with a stable order book of profitable work. This, combined with Raubex's considerable industry experience across its management team, sets the group on a strong footing to navigate the challenging period ahead.
12-Oct-2011
(Official Notice)
Royce and Associates, LLC has informed Raubex that they have acquired a beneficial interest in the company. Following the notice received on 11 October 2011, Royce and Associates now holds 6.75% of the issued ordinary share capital of the company.
10-Oct-2011
(Official Notice)
Shareholders were advised that Raubex expects its earnings per share and headline earnings per share for the six months period ended 31 August 2011 to be between 30% and 40% lower compared to the corresponding period to 31 August 2010. This translates in both earnings per share and headline earnings per share ranging between 89 and 103 cents per share. The group's performance continues to be influenced by persistent pricing pressures in the roads infrastructure sector generally and resultant downward effect on margins. The release of the interim results for the six months ended 31 August 2011 is anticipated to be published on or about 7 November 2011.
07-Oct-2011
(Official Notice)
Raubex shareholders are advised that at the AGM of members held on Friday, 7 October 2011, all resolutions as proposed in the notice of the AGM were approved by the requisite majority of members other than ordinary resolution number 6, relating to the general authority to issue shares for cash, which was withdrawn prior to the meeting. The special resolutions passed will be lodged with the Companies and Intellectual Property Commission for registration in due course.
15-Aug-2011
(Official Notice)
Shareholders were advised that the company's annual financial statements for the year ended 28 February 2011 were posted to shareholders on 15 August 2011 and contain no modifications to the audited results which were published on 16 May 2011. PricewaterhouseCoopers Inc. audited the results, and the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice of AGM

Notice was given that the annual general meeting of ordinary shareholders will be held at 10:00 on Friday 7 October 2011 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.



Electronic participation at the AGM

Shareholders or their proxies may participate in the AGM via electronic communication. In this regards, a video conferencing facility will be available in Cape Town at the Webber Wentzel offices, main boardroom number 14, 15th floor, Convention Tower, Heerengracht, Cape Town, South Africa. The AGM will also be broadcast live via a webcast available through a link on the company's website - www.raubex.co.za. Please note that shareholders will not be able to vote though the webcast.
16-May-2011
(C)
Revenue fell slightly to R4.5 billion (R4.6 billion) and gross profit dropped to R900.4 million (R1.1 billion). Operating profit decreased to R662.6 million (R887.3 million), while profit for the year attributable to ordinary shareholders of the company contracted to R443.4 million (R594.6 million). Furthermore, headline earnings per share weakened to 240.2cps (323.8cps).



Dividend

The directors have declared a final dividend of 68 cents per share.



Prospects

Despite difficult trading conditions over the past year, the group has been able to maintain a stable revenue stream without altering its approach towards tendering for new work. Whilst the secured order book decreased by 7.3% to R4.38 billion (2010: R4,72 billion), the group has recently been the lowest tenderer on a number of large contracts which are pending award. It is the group's policy to include only secured revenue in the order book. In the short term, trading conditions in the industry will be challenging and the impact of pressures on margins will continue being felt during the 2012 financial year. The long-term outlook remains positive with the N1-N2 Winelands Project now in advanced stages with the group being party to one of the consortia to have reached the Best and Final Offer (BAFO) phase of the process. Although the second phase of the Gauteng Freeway Improvement Project is still anticipated to take place, the group has adopted a cautious outlook towards the government's policy regarding future toll roads in South Africa. Mining activities are forecast to improve and this bodes well for both B-E International and SPH Kundalila's material handling operations. The group continues to explore opportunities in the growing Indian roads sector together with UB Engineering Ltd. Initial findings are encouraging but the group will maintain its very cautious approach. Valuable experience is constantly being gained through the group's African expansion drive. A joint venture with Sanyati produced the lowest tender on a contract in Uganda which is now pending award. The joint venture is also the preferred tenderer on a second contract in the country. Whilst Raubex will continue evaluating ways to diversify the group's long- term revenue streams, the current healthy statement of financial position and cash balances set Raubex on a strong footing to navigate the challenging year ahead.
29-Apr-2011
(Official Notice)
Shareholders were advised that Raubex has become aware of certain irregularities in terms of the provisions where such transgressions are not covered by leniency under the Corporate Leniency Provision ("CLP") and the company has filed a fast track application to the Competition Commission ("Commission") by the deadline date of 15 April 2011. The company remains committed to fully co-operate with the Commission and to ensure that its employees, management and directors do not engage in any conduct which constitutes a prohibited practice. Raubex is currently in a closed period and will announce its results for the financial year ended 28 February on or about 16 May 2011.
05-Apr-2011
(Official Notice)
Raubex expects its earnings per share and headline earnings per share for the year ended 28 February 2011 to be between 20% and 30% lower compared to the corresponding audited period to 28 February 2010. This translates in both earnings per share and headline earnings per share ranging between 227 and 260 cents per share. The main factors influencing the group's performance include the persistent pricing pressures in the roads infrastructure sector generally and resultant downward effect on margins, as well as the negative impact of the rand's strength on the Zambian operations. The release of the annual results for the year ended 28 February 2011 is anticipated to be published on or about 16 May 2011.
24-Feb-2011
(Official Notice)
Raubex, the JSE-listed road construction and rehabilitation company, has appointed Ms. Ntombi Felicia Msiza and Mr. Bryan Hugh Kent as independent non-executive directors to the Board of Raubex with immediate effect. Following these appointments, the board now consists of six non-executive directors, including three independents and two executive directors.
09 Nov 2010 09:39:32
(Media Comment)
According to Business Report, Raubex has signed a memorandum of understanding with UB Engineering of India with a view to tapping into the reported USD46 billion of road contracts that will be available in that country over the next seven years. However, Francious Diedrechsen, Raubex's finance and commercial director, stressed that it was still in the exploratory phase and probably would be for a further six months. According to Diedrechsen, this phase involved determining how competitive it was and if the group was comfortable with the margins and risk in India. If Raubex was satisfied the opportunities were viable, it would establish a joint venture subsidiary in India with UB Engineering.
08 Nov 2010 08:28:48
(C)
Revenue for the interim period increased to R2.5 billion (2009: R2.3 billion), with gross profit remaining stable at R534.2 million (2009: R534.6 million). Operating profit weakened to R411.2 million (2009: R440.2 million), and profit for the period attributable to owners of the parent fell to R273 million (2009: R294.5 million). Furthermore, headline earnings per share was lower at 147.6cps (2009: 159.4cps).



Dividend

The directors declared an interim cash dividend of 32cps.



Prospects

Despite the adverse conditions experienced in the first half of the year, the group has been able to maintain a stable order book at R4.7 billion since year end (H1 2010: R5.2 billion). In the short-term, trading conditions in the industry will be challenging and the impact of the current pressure on margins will continue to be felt throughout the second half of the year. The medium and longer term outlook remains positive and the amount of work out on tender is encouraging as the government continues to deliver on its infrastructure development plans. Tenders for the N1N2 Winelands concession have been submitted with the preferred bidders expected to be announced in early 2011. The awarding of this project is expected to take some capacity out of the market and relieve some of the pressure on new contract margins. The N2 Wild Coast concession project and the second phase of the Gauteng freeway improvement project are gaining momentum with the tender process expected to commence by the end of 2011. Internationally, new opportunities are constantly being evaluated both in southern Africa and beyond with a view to diversify the group's long-term revenue streams.
14 Oct 2010 10:14:17
(Official Notice)
Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the six months period ended 31 August 2010 to be between 0% and 10% lower compared to the corresponding period to 31 August 2009. This translates in earnings per share of 145.17 to 161.30 cents per share and headline earnings per share of 143.46 to 159.40 cents per share. Key factors influencing the group performance in the first half of the year include the negative impact of the rand's strength on the Zambian operations and the increased competition in the roads infrastructure sector resulting in increased pressure on margins. The release of the interim results for the six months ended 31 August 2010 is anticipated to be published on or about 8 November 2010.
11 Oct 2010 09:33:15
(Media Comment)
Business Report said that, Raubex, the listed road construction and rehabilitation company, expressed confidence it would be able to maintain a healthy financial position in the full year to February despite the impact of the extended roadwork shut-down during the World Cup and increased competition. Collin Matjila, Raubex's chairman, told the group's annual general meeting on Friday that the industry continued to transition from the incredible pre-World Cup frenzy to a more sedate level of activity against a backdrop of continued economic uncertainty both locally and abroad. "We expect this to continue for some time notwithstanding signs of recovery now filtering through as shown by the increase in mining activities driven by higher commodity prices. Likewise, we are seeing some encouraging signs for road infrastructure at provincial level and on the water management front, " he said. Matjila said the volume of tenders being issued remained stable and despite increased competition, Raubex had maintained a healthy order book with satisfactory margins in all areas of its business. He said Raubex's order book only reflected guaranteed work, which added significant certainty to its future outlook.
08 Oct 2010 12:22:24
(Official Notice)
Raubex shareholders are advised that at the AGM of members held on Friday, 8 October 2010, all resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration in due course.
10 Aug 2010 13:41:29
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 28 February 2010 were posted to shareholders today and contain no modifications to the audited results which were published on 19 May 2010. PricewaterhouseCoopers Inc. audited the results, and the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 10:00 on Friday 8 October 2010 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.

19 May 2010 08:46:16
(C)
Revenue increased from R4.2 billion to R4.5 billion in 2010.Gross profit increased to R1.1 billion (2009:R1.0 billion) and operating profit increased to R887.3 million (2009:R794.6 million). Profit attributable to ordinary shareholders increased to R594.6 million (R525.8 million). Headline earnings on a per share basis increased to 325.60cps (289.20cps).



Dividends per share

A final dividend of 75cps was declared for the period under review.



Prospects

Despite difficult trading conditions this year, the group has been able to grow both revenue and earnings whilst maintaining a secured order book of R4.7 billion (2009: R5.2 billion). In the short-term, trading conditions in the industry will continue to be challenging with the impact of pressures on margins likely to become more evident in the 2011 financial year. The long-term outlook remains positive with a number of concession contracts expected to come out for tender. These include the N1 N2 Winelands Project which is now out on tender as well as the N2 Wild Coast toll road and the second phase of the Gauteng Freeway Improvement Project which is expected to commence by the end of 2011.



SANRAL's annual maintenance budgets remain encouraging and the poor condition of the provincial and municipal road networks should see government and local authorities place additional emphasis on this essential infrastructure. Mining activities are showing signs of improvement and this bodes well for both B-E International and SPH Kundalila's material handling operations. In addition, two suspended diamond related contracts have recently been revived whilst a number of other prospects are in the offing in Namibia. Valuable experience continues to be gained through the group's ongoing African expansion drive and the resulting extended footprint coupled with a healthy financial position sets Raubex well to navigate the challenging year ahead.
06 May 2010 10:54:05
(Official Notice)
Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the year ended 28 February 2010 to be between 5% and 15% higher (306 cents per share to 336 cents per share) compared to the corresponding audited period to 28 February 2009. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The release of the final results for the year ended 28 February 2010 is anticipated to be published on or about 19 May 2010.
03 Mar 2010 13:45:31
(Official Notice)
Following the announcements released on 18 May 2009 and 2 October 2009 and in line with the group's succession strategy, Mr JE (Koos) Raubenheimer, current Group CEO and founder of Raubex retired from his position with effect 01 March 2010. Mr Rudolf Fourie, current Managing Director of the Roadmac division, has replaced him as Group CEO. Mr JE (Koos) Raubenheimer assumes a non-executive role on the board with effect 01 March 2010 and will continue to work closely with Mr Rudolf Fourie to ensure a smooth transition. As a result, the board has been streamlined to two executive directors with Mr Rudolf Fourie as CEO and Mr Francois Diedrechsen retaining his position as Financial and Commercial Director.
09 Nov 2009 09:30:28
(C)
Revenue rose 1,8% to R2,27 billion (2008: R2,23 billion).Operating profit was up 10,6% to R440,2 million (2008: R398 million) and profit before tax increased 11,4% to R429 million (2008: R385 million). Earnings per share increased 10,4% to 161,3cps (2008: 146.1cps), while HEPS increased by 10,2% to 159,4 cps (2008: 144,6 cps).



Dividends

The directors have declared an interim dividend of 35cps.



Prospects

Despite the adverse conditions experienced in the first half of the year, the group has been able to grow and maintain a stable order book at R5,2 billion (H1 2009: R4,9 billion). The healthy demand for the group's services continues to be driven by government infrastructure spend both locally and abroad. However, recent tender results indicate that in order to secure new work locally, current operating margins in the Roadmac and Raubex construction divisions will continue to be adjusted to account for the increased competition, particularly in the light road surfacing sector.



The group will continue to make good progress and new opportunities are constantly being evaluated whilst maintaining a cautious risk management approach. Based on current trading conditions, order book strength and the contracts awarded following the interim period, it is expected that the group will deliver a strong performance in the second half of the year.
12 Oct 2009 11:55:16
(Official Notice)
Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the six months period ended 31 August 2009 to be between 5% and 15% higher compared to the previous corresponding period. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The release of the interim results for the six months ended 31 August 2009 is expected to be published on or about 9 November 2009.
02 Oct 2009 13:54:22
(Official Notice)
Raubex shareholders are advised that at the annual general meeting of members held on Friday 2 October, 2009, all resolutions as proposed in the notice of the annual general meeting were approved by the requisite majority of members. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration in due course.



At the annual general meeting, Mr G M Raubenheimer (executive director) did not seek re-election and accordingly resigned from the board. Mr Raubenheimer will continue as part of the group's management team. Mr R J Fourie was appointed as an executive director of the board.
25 Aug 2009 15:42:13
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 28 February 2009 were posted to shareholders and contain no modifications to the audited results which were published on 18 May 2009. PricewaterhouseCoopers Inc audited the results, and the annual financial statements of the company and their reports are available for inspection at the registered offices of the company.



The annual general meeting of ordinary shareholders will be held at 10:00 on Friday, 2 October 2009 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Johannesburg, to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.
18 May 2009 09:51:49
(C)
Revenue increased 94.9% to R4.16 billion and operating profit increased 84.2% to R794.6 million from the corresponding prior period. Profit before tax increased 81.8% to R757.5 million. Earnings per share increased 59.9% to 289.2c with headline earnings per share increasing 62% to 291.7c.



Dividends

The directors have declared a final dividend of 70cps.



Prospects

Whilst the impact of the global economic crisis is still being assessed, there are no doubts that the local market has not been left unscathed. Despite the difficulties experienced in the sector, Raubex's order book has grown to R5.2 billion (2008: R2.7 billion). Healthy demand for the group's services continues to be driven by the government's infrastructure investments which are underpinned by the global economic stimulus focus on the group's sector. Raubex's strategy to secure its medium- term order book will ensure continued growth for the roads divisions over the medium term and capital expenditure management will remain conservative until long-term visibility improves. The aggregates division is more exposed to the effect of the downturn in commodities and all operations are being closely monitored. Current indications are that the operations indirectly exposed to gold and coal will continue to perform well. The scaling down of quarrying operations servicing the residential sector is expected to continue whilst the redeployment of personnel and equipment to support the contract crushing order book will be maintained. Internationally, Raubex was recently awarded two large road contracts in Namibia with a combined value of R1 billion. Looking ahead, the group will maintain its cautious growth strategy in Africa and continue to explore opportunities in geographies meeting its investment criteria. Based on current trading conditions and order book strength, the board is confident that the group will continue delivering solid earnings growth over the medium term.
06 Apr 2009 12:36:56
(Official Notice)
Raubex Group, the JSE-listed road construction and rehabilitation company, is pleased to announce the awarding of two major contracts by the Namibian Roads Authority for a total value of R1 billion. The contracts cover the rebuilding and tarring of two sections of road between Nkurenkuru and Elundu in the Kavango region of northern Namibia. Work is expected to commence in May 2009 and will run for a period of approximately two years. The road is a major artery for the transport of goods between Namibia and Angola.
26 Mar 2009 16:24:57
(Official Notice)
Trading update in respect of the year ended 28 February 2009 Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the year ended 28 February 2009 to be between 50% and 70% higher (272 cents per share to 308 cents per share) compared to the corresponding audited period to 29 February 2008. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The release of the final results for the year ended 28 February 2009 is anticipated to be published on or about 18 May 2009.
03 Dec 2008 09:45:04
(Official Notice)
Raubex will host a site visit on Wednesday, 3 December 2008, for investors and analysts at several of its Gauteng operations including the Canyon Rock quarry, Akasia manufacturing plant and R21 site. No material new information on current trading or future financial performance will be provided during the day.
10 Nov 2008 08:05:31
(C)
Revenue increased by 131.7% to R2.23 billion (R963.5 million) and operating profit rose by 108.1% to R398 million (R191.2 million) from the corresponding prior period. Net attributable profit more than doubled to R266.8 million (R129.4 million). Headline earnings was up by 80.5% to 144.6cps (80.1cps).



Dividend

An interim ordinary dividend of 30cps has been declared.



Prospects

The company's order book increased to R4.9 billion (R2.3 billion). With all the acquisitions successfully bedded down and performing in-line with expectations, Raubex can continue to take advantage of the continuing strong demand for its services.



With the Gauteng Freeway Improvement Project now underway, Raubex expects SANRAL to be announcing a number of reasonably sized contracts to be released for tender in the coming months. It is worth noting that although SANRAL remains the group's largest client, accounting for some 40% of revenues, the group now has a broad spread of private and other parastatal customers accounting for the majority of its revenues.



Internationally, Raubex continues to maintain a cautious approach to growth in Africa. In Zambia, the pipeline continues to grow across the country and the division is actively exploring opportunities in Botswana and Namibia. In the prevailing market conditions, the group expects to deliver a strong performance in the second half of the year.
21 Oct 2008 09:18:18
(Official Notice)
Raubex is meeting with investors and analysts in Johannesburg on Tuesday 21 October 2008. The presentation made during the course of the day will not contain new material information and a copy will be available for download on the company's website.
25 Sep 2008 12:36:40
(Official Notice)
Shareholders are advised that Raubex expects its earnings per share and headline earnings per share for the period ending 31 August 2008 to be between 65% and 85% higher (132cps to 148cps) compared to the corresponding interim period to 31 August 2007. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The release of the interim results for the six months ended 31 August 2008 is expected to be published on or about 10 November 2008.
29 Aug 2008 15:45:32
(Official Notice)
With regard to the audited results for the year ended 29 February 2008, shareholders are advised that the annual financial statements have been distributed to shareholders on 29 August 2008 and contain no modifications to the audited results which were published on SENS on 19 May 2008.



Notice is hereby given that the annual general meeting of ordinary shareholders will be held at Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, off Rosebank, Johannesburg on Friday, 3 October 2008 at 10h00 to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.
27 Aug 2008 09:07:36
(Official Notice)
Raubex announced the awarding of three major contracts by the South African National Roads Agency Limited (SANRAL) for a combined value of R1.147bn. The contracts will be carried out by the Raubex Construction and Roadmac divisions and span the Gauteng, Western Cape and Mpumalanga provinces. Work on all three contracts is due to commence during September 2008.
19 May 2008 08:53:04
(C)
Revenue increased 79.4% to R2.14 billion and operating profit increased 121.7% to R431.3 million from the corresponding prior period. Profit before tax increased 103% to R416.8 million. Earnings per share increased 112% to 180.9 cents with headline earnings per share increasing 116.2% to 180.1 cents. Group operating margin increased from 16.3% to 20.2% compared to the corresponding prior year period. The group generated operating cashflows of R448.8 million before finance charges and taxation.



Dividends

The directors declared a final dividend of 40 cents per share for the period under review.



Prospects

The group?s order book stands at R2.7 billion (2007: R1.6 billion). Industry players, including Raubex, are now seeing the results of the government?s infrastructure investments filter through to the order book. More recently, announcements such as the Gauteng road upgrade programme and plans to upgrade various airports around the country have added to the strong basic maintenance and rehabilitation pipeline already present. As mentioned previously, opportunities around the Public Private Partnership market are also becoming more tangible. International activities remain small from a group perspective and continue to focus on Zambia. The pipeline in Zambia and neighbouring countries is above expectations and Raubex will maintain a cautious growth approach whilst it gains valuable experience. Through its strategy of acquisitive and organic growth, Raubex is now positioned as a sizeable industry player with the skills and capacity to grow the order book and meet the increasing demand for its line of work. In the current market conditions, the group expects to deliver a strong performance in the year ahead.
09 May 2008 11:27:19
(Official Notice)
Raubex shareholders are referred to the announcement released by Raubex on SENS on the 22 February 2008, relating to the acquisition of Bonn and are advised that the Competition Commission has unconditionally approved the implementation of the acquisition.
15 Apr 2008 13:24:23
(Official Notice)
Shareholders are advised that Raubex anticipates an increase in both basic and headline earnings per share for the year ended 28 February 2008 of between 100% and 120%, as compared to the corresponding audited results for the year ended 28 February 2007. Shareholders are referred to the unaudited pro forma income statement presented along with the audited annual financial results for the year ended 28 February 2007. The 2007 pro formas represented the effects of the group restructure on minority interests, as well as the effects of the acquisition of SPH Kundalila (Pty) Ltd, National Asphalt (Pty) Ltd and Milling Techniks (Pty) Ltd. Similarly, an unaudited pro forma income statement for the year ended 28 February 2008 will be presented together with the financial results announcement for the current financial year ending 28 February 2008. The 2008 pro formas will include the effect of the acquisitions of Space Construction (Pty) Ltd, B-E International Holdings (Pty) Ltd, Thaba Bosiu Construction (Pty) Ltd and Zamori Construction (Pty) Ltd, under the assumption that the earnings of these businesses had been incorporated into the results of Raubex from 1 March 2007. Based on the assumptions set out above, it is anticipated that the increase in both basic and headline earnings per share for the 2008 pro forma period will be between 60% and 80% when compared to the corresponding pro forma basic and headline earnings per share for the 2007 pro forma period. Shareholders are advised that this pro forma financial information has not been reviewed or reported on by the company's auditors. The release of the final results for the year ended 28 February 2008 is expected to be published on or about 19 May 2008.
11 Apr 2008 13:31:02
(Official Notice)
Raubex shareholders are referred to the announcements released by Raubex on SENS on 6 November 2007, 3 December 2007 and 28 January 2008, relating to, respectively, the acquisitions of Space Construction, B-E, Thaba Bosiu and Zamori Construction ("the acquisitions") and are advised that the Competition Commission has unconditionally approved the implementation of the acquisitions. Accordingly, all suspensive conditions relating to the acquisitions have now been fulfilled.
22 Feb 2008 12:28:20
(Official Notice)
Raubex, the JSE-listed road construction and rehabilitation company, announced that it acquired Bonn Plant Hire (Pty) Ltd and the business of Akasia Road Surfacing (Pty) Ltd, subject to certain conditions precedent. The proposed acquisition, which will fit within the group's Roadmac division, specialise in road construction, road surfacing and asphalt manufacturing and are set to significantly reinforce Raubex's capacity in Gauteng; a key growth area for the group over the medium-term. The proposed acquisition, priced at R117 million, is less than 5% of Raubex's market capitalisation and will be settled in cash. Raubex will fund the full purchase consideration from cash resources made available following the recent issue of shares for cash, announced on SENS on 7 February 2008. The proposed acquisition is anticipated to be earnings enhancing to Raubex. Related conditions precedent are anticipated to be fulfilled by the end of April 2008.
21 Feb 2008 09:37:54
(Official Notice)
The board of directors of Raubex is pleased to announce the appointment of Heike Elze Ernst as company secretary after the resignation of MDP Secretarial Services (Pty) Ltd.
07 Feb 2008 09:06:29
(Official Notice)
At the annual general meeting of the company held on 21 September 2007, the requisite majority of Raubex shareholders approved an ordinary resolution authorising the directors to issue shares for cash. In accordance with the general authority the company has successfully placed 10 396 829 ordinary shares, equating to 6.41% of the company's issued share capital with institutional investors raising R405.5 million. The Placed Shares were issued at a price of R39.00 per share, being a 9.73% discount to the 30 day volume weighted average price on Friday, 1 February 2008. These shares will be listed on the JSE, on or about Tuesday, 12 February 2008 and rank pari-passu with the existing ordinary shares of the company. The proceeds from the Placed Shares will be utilised to fund a number of acquisitions which Raubex has recently announced, being: Space Construction (Proprietary) Ltd; Queenstown and Aliwal quarries; B-E International Holdings (Pty) Ltd; and Thaba Bosiu Construction (Pty) Limited and Zamori Construction (Pty) Ltd.
28-Aug-2017
(X)
Raubex is a world-class heavy construction sector company with a focus on infrastructure development that operates across Africa. Industry legend Koos Raubenheimer founded the business in 1974 and progressively developed the Company into a leader in construction. Raubex employs over 7800 people, is listed on the Johannesburg Stock Exchange and has a proud record of over 39 years of uninterrupted profitability.



In the mid-1990?s, Raubex began developing its African footprint and secured various projects in Botswana, Mozambique, Namibia and Zambia. Today Raubex generates approximately 10% of its revenue outside of South Africa.



Raubex is a diversified construction group offering services in the following fields of industry:

*road building

*road rehabilitation

*road marking

*railway lines

*concrete structures

*bulk pipelines

*urban reticulation

*mining services (materials handling and ore beneficiation)

*property development

*production of asphalt

*production of crushed aggregates

*supply and application of bitumen and modified binders

*installation of optic fibre networks

*construction of renewable energy facilities



Raubex endeavour to develop business relationships into partnerships and count as clients Government-related bodies (including local, provincial and national agencies), the mining sector, concession operators, developers, contractors and builders.



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