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BRIEF-Raubex Says FY HEPS Down 75.1% To 57 Cents

Published 13/05/2019, 03:19 pm
© Reuters.  BRIEF-Raubex Says FY HEPS Down 75.1% To 57 Cents
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May 13 (Reuters) - Raubex Group Ltd RBXJ.J :

* AUDITED RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2019

* FY REVENUE DOWN 0,3% TO R8,52 BILLION (2018: R8,54 BILLION)

* FY HEPS DOWN 75,1% TO 57,0 CENTS PER SHARE (2018: 228,6 CENTS PER SHARE)

* FY FINAL DIVIDEND OF 22 CENTS PER SHARE DECLARED (2018: 33 CENTS)

* ORDER BOOK OF R8,01 BILLION (2018: R8,19 BILLION) AT FY END

* OVERALL CONDITIONS IN SOUTH AFRICAN CONSTRUCTION SECTOR ARE EXPECTED TO REMAIN CHALLENGING AND SHORT-TERM OUTLOOK IS UNCERTAIN

* IN ROAD CONSTRUCTION AND MAINTENANCE SECTOR, PROSPECTS REMAIN UNCERTAIN

* PROSPECTS FOR GROUP'S OPERATIONS IN AFFORDABLE HOUSING SECTOR ARE ENCOURAGING

* EXPECTING IMPROVEMENT IN PERFORMANCE IN PERIOD AHEAD, ANTICIPATED THAT EARNINGS WILL CONTINUE TO BE SUPPORTED BY A STABLE MATERIALS DIVISION

* PROSPECTS FOR GROUP'S OPERATIONS IN AFFORDABLE HOUSING SECTOR ARE "ENCOURAGING"

* CONTINUE TO EXPLORE CONSTRUCTION MARKET IN WESTERN AUSTRALIA

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