CIVIL ENGINEERING
Infrastructure development and construction materials group Raubex has warned that its earnings for the financial year ended February 2019, will fall by at least 20%, owing to continued weak trading conditions in the South African construction industry, particularly in the road construction sector. The JSE-listed firm said on Tuesday that its earnings a share would fall by at least 46.7 a share, from 233.5c a share in 2017, and that its headline earnings a share would decline by 45.7c, from 228.6c in the previous corresponding period.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access