EDWARD WEST edward.west@inl.co.za RAUBEX Group, the roads, earthworks, infrastructure and materials group, recovered in the second half of the year to February 28 and its order book was at record levels, chief executive Rudolf Fourie said yesterday.
He said there had been an increase in tender activity – the group had picked up significant house building contracts, and also planned to be a part of the fifth bidding window of the renewable energy programme towards the end of the year, said Fourie.
Raubex operates across South Africa, Botswana, Cameroon, Mozambique, Namibia, Zambia, Zimbabwe and Australia.
The order book was up sharply to R17.12 billion from R10.14bn, with a number of new bids being adjudicated.
The share price was up 4.32 percent to R25.75 yesterday morning, closing the day at…