by Rowan Goeller | May 20, 2024 | Construction and Basic Materials
Key message: With Nkomati starting to contribute as planned and Lafarge integrated in April 2024, growth into FY25 should be achieved. Afrimat released FY24 results, with HEPS increasing 24% to 567.3c on a 24% increase in revenue and 20% increase in operating profit....
by Rowan Goeller | May 20, 2024 | Construction and Basic Materials
Key message: Relatively steady state earnings are expected for future years off a well-developed pipeline. Calgro released FY24 results. HEPS increased 38% to 189.9c on a 16% decline in revenue (construction activities were slowed down in 2H as a conservative measure...
by Rowan Goeller | May 15, 2024 | Construction and Basic Materials
Key message: Diversity of earnings has helped replace the high-margin Beitbridge project and sets Raubex up for sustainable growth. Raubex reported FY24 results. HEPS increased 21% on a 14% and 20% increase in revenue and operating profit. A dividend of 155c (3x...
