RAUBEX GROUP LIMITED - Voluntary Trading Update in respect of the year ended 29 February 2024

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 UPDATE IN RESPECT OF THE YEAR ENDED 29 FEBRUARY 2024



Raubex will be participating in several Investor Conferences in March 2024 that fall during its
closed period. As a result, the Company has decided to release this voluntary trading update
in respect of the year ended 29 February 2024.


In its interim results for the six months ended 31 August 2023, released on SENS on
13 November 2023, Raubex informed the market that trading conditions for the remainder of
the financial year ending 29 February 2024 ("FY2024") would remain challenging. Although
market conditions have been constrained, it is pleasing to note that tender activity picked up
towards the latter part of the financial year, which the Group has benefitted from. All four
divisions have received tender awards from a diversified client base, resulting in the Group
maintaining a solid order book despite the prevailing unfavourable macroeconomic conditions.


Raubex is therefore expecting that earnings per share ("EPS") and headline earnings per share
("HEPS") for the year ended 29 February 2024 will be between 0% and 10% higher than that
of the previous corresponding period. This translates to EPS being between 391.1 cents and
430.2 cents and HEPS being between 392.8 cents and 432.1 cents, for the year ended 29
February 2024 compared to the EPS of 391.1 cents and HEPS of 392.8 cents achieved for the
prior financial year. This is a commendable performance in light of the fact that no contribution
from the Beitbridge Border Post Project was received during this financial year as the project
was completed early in FY2024, which was one of the main contributors to the prior year
financial results.


The financial information in this announcement has not been reviewed or reported on by the
Group's auditors.


A further trading statement will be provided once the Board has reasonable certainty of the
expected EPS and HEPS ranges.

Centurion
4 March 2024

Sponsor
Investec Bank Limited

Date: 04-03-2024 07:30:00

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