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RAUBEX GROUP LIMITED - Audited Results For The Year Ended 28 February 2025 And Cash Dividend Declaration

Release Date: 02/06/2025 08:30
Code(s): RBX     PDF:  
Wrap Text
Audited Results For The Year Ended 28 February 2025 And Cash Dividend Declaration

Raubex Group Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/023666/06
Share code: RBX
ISIN code: ZAE000093183
("Raubex" or "the Group")

AUDITED RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2025 AND CASH DIVIDEND DECLARATION

FINANCIAL HIGHLIGHTS
- Revenue increased 21.0% to R21.08 billion (2024: R17.43 billion)
- Operating profit increased 1.3% to R1.56 billion (2024: R1.54 billion)
- Earnings per share increased 27.5% to 601.7 cents per share (2024: 472.1 cents per share)
- Headline earnings per share increased 25.9% to 599.8 cents per share (2024: 476.3 cents per share)
- Cash generated from operations increased 31.8% to R2.51 billion (2024: R1.90 billion)
- Net asset value of R7.15 billion (2024: R6.61 billion)
- Capital expenditure of R1.35 billion (2024: R1.76 billion)
- Order book of R28.18 billion (2024: R25.55 billion)
- Final dividend of 104 cents per share declared (2024: 92 cents per share)

Felicia Msiza, CEO of Raubex Group, said:
"Raubex is proud to present its final results for the year ended 28 February 2025. Despite ongoing
geopolitical tensions across the globe, and the many local challenges we are all so familiar with, Raubex
prevailed to deliver another robust set of results. This was cemented by a strong balance sheet, a healthy
cash balance throughout the year, and a solid order book of R28.18 billion (2024: R25.55 billion). The order 
book increased by a pleasing 10.3%.

Our diversification strategy has undoubtedly been a cornerstone in propelling the Group's exceptional
performance over the past five decades. Three of our four divisions reported improved results this financial
year, with the Materials Handling and Mining Division encountering various operational and trading
challenges. By broadening our horizons and creating a resilient business model, we have strengthened 
our position across various sectors and unlocked opportunities for sustained growth. This success is 
deeply rooted in the unwavering dedication of our workforce, whose passion and commitment continue to 
inspire excellence, and the steadfast guidance of our leadership team, whose vision and strategic 
acumen have steered the Group towards achieving remarkable milestones."

Web link to annual consolidated financial statements:
https://senspdf.jse.co.za/documents/2025/jse/isse/RBX/FY2025.pdf

The annual consolidated financial statements for the year ended 28 February 2025 have been audited by
PricewaterhouseCoopers Inc., who expressed an unmodified opinion thereon.

A copy of the auditor's report and the annual consolidated financial statements (the "full announcement")
are available through the following web link:
https://www.raubex.com/index.php/investor-relations/financial-results

The directors are responsible for this short form announcement and the preparation and fair presentation
of the audited consolidated final results for the year ended 28 February 2025. The short-form
announcement is a summary of the information included in the full announcement, and any investment
decision should be based on the full announcement.

Summary consolidated financial statements for the year ended 28 February 2025, derived from the full
announcement, have also been prepared and are available through the following web link:
https://www.raubex.com/index.php/investor-relations/financial-results

A webcast presentation of the annual results will take place on Tuesday, 3 June 2025 at 10:00 and can be
accessed via the following web link:
https://meetings.100.lumiconnect.com/r/participant/live-meeting/100-027-618-415 (meeting ID 100-027-618-415)

DIVIDEND DECLARATION
The board has declared a gross final cash dividend from income reserves of 104 cents per share on 29 May
2025 for the year ended 28 February 2025. The salient dates for the payment of the dividend are as follows:

Last day to trade cum dividend                    Tuesday, 17 June 2025
Commence trading ex dividend                    Wednesday, 18 June 2025
Record date                                        Friday, 20 June 2025
Payment date                                       Monday, 23 June 2025

No share certificates may be dematerialised or rematerialised between Wednesday, 18 June 2025 and
Friday, 20 June 2025, both dates inclusive.

In terms of Dividends Tax ("DT"), the following additional information is disclosed:
- The local DT rate is 20%.
- The number of ordinary shares in issue at the date of this declaration is 181 750 036.
- The dividend to utilise for determining the DT due is 104 cents per share.
- The DT amounts to 20.80000 cents per share.
- The net local dividend amount is 83.20000 cents per share for shareholders liable to pay the DT.
- Raubex Group Limited's income tax reference number is 9370/905/151.

In terms of the DT legislation, the DT amount due will be withheld and paid over to the South African
Revenue Services by a nominee-company, stockbroker or Central Securities Depository Participant
(collectively "Regulated Intermediary") on behalf of shareholders. All shareholders should declare their
status to their Regulated Intermediary, as they may qualify for a reduced DT rate or exemption.

On behalf of the board:

RJ Fourie
Chairman

NF Msiza
Chief Executive Officer

DC Lourens
Chief Operating Officer

SJ Odendaal
Financial Director

Registered office:
Building No 1
Highgrove Office Park
50 Tegel Avenue
Centurion
South Africa

2 June 2025
Centurion

Sponsor
Investec Bank Limited






Date: 02-06-2025 08:30:00
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