|buy||SELL: 0%||HOLD: 0%||BUY: 100%|
|% From 52WK High||-16.73% ( 3,640 )|
|% From 52WK Low||78.29% ( 1,700 )|
|13/09/2021||RAUBEX GROUP LIMITED - Trading Statement in respect of the six month period ended 31 August 2021|
|11/08/2021||RAUBEX GROUP LIMITED - Acceptance of long-term incentive performance share awards to directors, executives & company secretary|
|05/08/2021||RAUBEX GROUP LIMITED - Partial vesting of 2018 allocation of The Raubex Long Term Incentive Scheme & directors dealings|
|30/07/2021||RAUBEX GROUP LIMITED - Report on Annual General Meeting proceedings & change to composition of Social and Ethics Committee|
|14/07/2021||RAUBEX GROUP LIMITED - Dealings in securities by an Executive Director|
|28/06/2021||RAUBEX GROUP LIMITED - Publication of Broad-Based Black Economic Empowerment Annual Compliance Report|
|28/06/2021||RAUBEX GROUP LIMITED - No Change Statement and Notice of Annual General Meeting|
|Raubex is one of South Africa's leading specialist infrastructure development groups which operates across Africa. Industry legend Koos Raubenheimer founded the business in 1974 and progressively developed the Company into a leader in construction.
In the mid-1990's, Raubex began developing its African footprint and today generates more than 10% of its revenue from outside of South Africa.
The group consists of two divisions, namely the Materials Division and the Construction Division.
The Materials Division specialises, through Raumix Aggregates, OMV and Belabela Quarries (Botswana), in the supply of aggregates and sand from commercial quarries. Through Raubex's subsidiaries B&E International and SPH Kundalila, the group is a leading provider of material handling and screening services to the mining industry and provides mobile crushing solutions for remote project sites. Burma Plant Hire specialises in plant hire for the mining and construction sectors in both South Africa and Namibia.
The Construction Division includes three main reporting segments, namely Road Surfacing and Rehabilitation (with the largest contributor being Roadmac), Road Construction and Earthworks (with the largest contributor being Raubex Construction) and Infrastructure. This division specialises in all aspects of road construction, rehabilitation and related infrastructure development including bulk earthworks, services, concrete structures, asphalt production, asphalt surfacing and the manufacture and distribution of value added bituminous products. The Infrastructure segment has construction capabilities which include electrical and alternative energy (solar and wind), rail, telecommunications, pipe-line and housing infrastructure.
The group continues to explore opportunities to strengthen its position and add value to its operating model both locally and across Africa. Large emphasis is placed on the development of business relationships and the improvement of key business drivers, such as earnings per share, dividends per share and return on capital employed.
The group remains committed to maintaining and growing its high quality order book through its strategic tendering processes in order to continue to provide value to shareholders and meet all stakeholders' expectations.