by Rowan Goeller | Jun 25, 2024 | Construction and Basic Materials
Key message: A resumption of dividend payments is a positive with cement demand at a cyclical low. New management is making changes. PPC released FY24 results. Continuing HEPS moved back to profitability at 19c on a 21% and 39% increase in revenue and EBITDA...
by Rowan Goeller | Jun 14, 2024 | Construction and Basic Materials
Key message: Bauba is a relatively low-risk operation with competitive reserves. Raubex hosted a site visit to Bauba Resources (Kookfontein mine). The biggest take-home from the site visit was the low-risk nature of the Bauba operation and availability of reserves and...
by Rowan Goeller | Jun 14, 2024 | Construction and Basic Materials
Key message: The Lafarge integration is going well with a focus on returning production to normal levels. Afrimat hosted an Investor Day. Lafarge: of key interest was the Lafarge update. The Lafarge acquisition was effective from 23 April 2024. The cement division is...
