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Struggling construction industry requires intervention, but can recover

Struggling construction industry require...

The capital construction industry in South Africa is at a crossroads, with declining activity and productivity and a bleak future outlook.Efforts are need to turn the industry’s fortunes around, Construction Industry Institute-Africa CII-Africa director Dr Giel Bekker told Engineering News Online on the sidelines of CII-Africa’s Capital Projects in South Africa at a Crossroads Mapping a Way Forward workshop, held in Pretoria, on Monday.The workshop discussed the challenges facing the capital projects industry. Following the surge in projects before the 2010 FIFA World Cup, the South African capital project environment has witnessed a steady decline. This has been complicated further by some...

The capital construction industry in South Africa is at a crossroads, with declining activity and productivity and a bleak future outlook.Efforts are need to turn the industry’s fortunes around, Construction Industry Institute-Africa CII-Africa...

The capital construction industry in South Africa is at a crossroads, with declining activity and productivity and a bleak future outlook.Efforts are...

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Raubex right sizes road rehab division as lower Sanral work volumes bite

Raubex right sizes road rehab division a...

JSE-listed Raubex Group continued to experience challenging conditions in the South African construction industry in the six months ended August 31, particularly in the road construction sector, reporting a 57.4% decline in operating profit to R157-million, compared with the R370-million profit recorded for the first half of the 2018 financial year. The low volume of work during the period under review resulted in the group’s rightsizing of its asphalt and bitumen supply operations to adjust to the current level of demand. During the period under review there was a significant reduction in the volume of work brought out to tender by the South African National Roads Agency Limited Sanral ....

JSE-listed Raubex Group continued to experience challenging conditions in the South African construction industry in the six months ended August 31, particularly in the road construction sector, reporting a 57.4% decline in operating profit to...

JSE-listed Raubex Group continued to experience challenging conditions in the South African construction industry in the six months ended August 31,...

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Raubex Group Posts Half Year Revenue of R4, 48 Billion, Down 4 Pct.

Raubex Group Posts Half Year Revenue of ...

Oct 29 Reuters - Raubex Group Ltd RBXJ.J : JSE: RBX - UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2018 H1 REVENUE DOWN 4, 0% TO R4, 48 BILLION H1 ORDER BOOK OF R8, 41 BILLION H1 2018: R7, 52 BILLION INTERIM DIVIDEND OF 12 CENTS PER SHARE DECLARED H1 HEPS DOWN 72, 8% TO 35, 7 CENTS PER SHARE RAUBEX GROUP SAYS CONTINUED TO EXPERIENCE VERY CHALLENGING CONDITIONS IN SOUTH AFRICAN CONSTRUCTION INDUSTRY, PARTICULARLY IN ROAD CONSTRUCTION SECTOR RAUBEX - WITH CONDITIONS IN SOUTH AFRICAN CONSTRUCTION SECTOR RESTRAINED, GROUP IS EXPECTING A CHALLENGING SECOND HALF OF YEAR LOW VOLUME OF WORK EXPERIENCED DURING H1 RESULTED IN GROUP'S ASPHALT and BITUMEN SUPPLY OPERATIONS BEING...

Oct 29 Reuters - Raubex Group Ltd RBXJ.J : JSE: RBX - UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2018 H1 REVENUE DOWN 4, 0% TO R4, 48 BILLION H1 ORDER BOOK OF R8, 41 BILLION H1 2018: R7, 52 BILLION INTERIM DIVIDEND OF 12 CENTS PER...

Oct 29 Reuters - Raubex Group Ltd RBXJ.J : JSE: RBX - UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2018 H1 REVENUE DOWN 4, 0% TO R4,...

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