To view the PDF file, sign up for a MySharenet subscription.

RAUBEX GROUP LIMITED - Trading Statement in Respect of the six montsh ended 31 August 2024

Release Date: 18/09/2024 07:15
Code(s): RBX     PDF:  
Wrap Text
Trading Statement in Respect of the six montsh ended 31 August 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")

TRADING STATEMENT IN RESPECT OF THE SIX MONTHS ENDED 31 AUGUST 2024

In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied that a reasonable degree of certainty
exists that the financial results for the period to be reported on next will differ by at least 20%
from the previous corresponding period.

Shareholders are advised that Raubex is expecting to report a solid set of results for the six
months ended 31 August 2024 ("1H2025"). The improved results are mainly attributable to the
more than satisfactory performance of the Construction Materials, Roads and Earthworks, and
Infrastructure Divisions.

As a result, it is expected that:

-   headline earnings per share ("HEPS") will increase to between 275.2 cents and 294.2
    cents for 1H2025, compared to HEPS of 189.8 cents reported for the six months ended
    31 August 2023 ("1H2024"). This represents an increase in HEPS of between 45% and
    55%; and

-   earnings per share ("EPS") of between 279.9 cents and 299.2 cents for 1H2025,
    compared to EPS of 193.0 cents reported for 1H2024. This also represents an increase
    in EPS of between 45% and 55%.

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

Raubex is in the process of finalising its unaudited interim results for the six months ended 31
August 2024, which are expected to be released on or about Monday, 11 November 2024.

Centurion
18 September 2024

Sponsor
Investec Bank Limited

Date: 18-09-2024 07:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.