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Southern Africa

Raubex Reports 20.4% Rise In Operating Profit

Bitumen shortage highlighted as a key challenge in South Africa.

May 14, 2024

By Liz Bains
Johannesburg-listed infrastructure developer and construction materials supplier Raubex Group has reported a 20.4% increase in operating profit to Rand 1.54 billion (US$83.4 million) for the financial year ending 29 February 2024. Group revenue climbed 13.8% year-on-year to Rand 17.4 billion (US$943 million).The firm’s order book currently stands at Rand 25.6

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