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Raubex v Afrimat

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16 Jan 2012 Raubex is involved in road construction, rehabilitation & associated infrastructure across southern Africa. Produces & supplies crushed aggregate to the construction & mining industries. Raubex feel that the "impact of margin pressure will continue to be felt during the remainder of the financial year & into 2013".

%

Roadmac

Construction

Raumix

International

Operating profit

41%

8%

40%

11%

Raumix (aggregate)

Raumix focusses on contract crushing, production of aggregates for the commercial market & materials handling for the mining industry.

Aliwal Dolorite Quarry, B&E International, Canyon Rock, Cradock Quarry, Petra Quarry, SPH Kundalila & Willows Quarry.

Raubex (civil)

Raubex Zambia, Space Construction, Thaba Bosiu & Zomori Construction.

Raubex Construction is focussed on new road construction & heavy road rehabilitation. This division was most impacted by pricing pressures of the current environment.

RMS (road)

Roadmac Surfacing specialises in light road rehabilitation, the laying of asphalt, chip & spray, surface dressing, enrichments & slurry seals. Margins have decreased as a result of increasing competition.

Akasia Road Surfacing, Centremark Roadmarking, Milling Techniks, National Asphalt, Phambill Road Surfacing.

Tolling controversy impact

"Whilst management remains optimistic with respect to the long-term outlook for the South African road construction industry, government policy towards future toll roads in South Africa remains uncertain. This uncertainty and potential delays in the award of future toll concessions, including the N1/N2 Winelands project, could retard the industry's recovery. With this in mind, the Group continues to look for growth in other geographies and valuable experience is being gained around the tendering processes in the promising Indian roads sector, whilst the Group's African expansion drive remains a priority."

BEE

 

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