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RAUBEX GROUP LIMITED - Voluntary Trading Statement in respect of the six months ended 31 August 2023

Release Date: 16/10/2023 11:22
Code(s): RBX     PDF:  
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Voluntary Trading Statement in respect of the six months ended 31 August 2023

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


VOLUNTARY TRADING STATEMENT IN RESPECT OF THE SIX MONTHS ENDED 31 AUGUST 2023

With reference to the audited final results for the year ended 28 February 2023,
released on SENS on 15 May 2023, Raubex had previously informed the market
that the robust performance of the Group was largely attributable to the
successful completion of the flagship Beitbridge Border Post Project, a full year
contribution from Bauba Resources (Pty) Ltd, and the Western Australian
operations' solid contribution to the Group's total results.

Raubex is pleased to announce that, despite prevailing challenging market
conditions and no contribution from the completed Beitbridge Border Post
Project during the current period, the Group through its diversified operations
increased earnings per share (EPS) and headline earnings per share (HEPS) by
between 15% and 20% for the six months ended 31 August 2023. This
amounts to EPS of between 186.1 cents and 194.2 cents and HEPS of between
182.9 cents and 190.8 cents, respectively, compared to the previous six months
ended 31 August 2022 (EPS of 161.8 cents and HEPS of 159.0 cents).

The Group continues to maintain a strong balance sheet and a healthy cash
balance.

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 results for the six months ended 31 August 2023 is
anticipated to be published on or about Monday, 13 November 2023.

Centurion
16 October 2023

Sponsor
Investec Bank Limited

Date: 16-10-2023 11:22:00
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