Raubex Group, a leading infrastructure and construction materials company, reported impressive financial results for the year ending February 2025, sparking an 8.8% surge in its share price. The group’s revenue rose by 21% to R21.08 billion, driven by strong performances across most divisions, particularly its Roads and Earthworks Division, which saw a 19.9% revenue increase to R6.80 billion. Despite global geopolitical tensions and local economic challenges, Raubex maintained a robust balance sheet, with a healthy cash position and a R28.28 billion order book—up 10.3% from the previous year.
CEO Felicia Msiza credited the company’s success to its long-term diversification strategy, which has strengthened its resilience over the past 50 years. While three of its four divisions reported improved results, the Materials Handling and Mining Division faced operational difficulties, particularly at subsidiary Bauba Resources. These challenges led to an 86.2% drop in operating profit for the division, though other operations within it performed well. The group’s overall operating profit still grew by 1.3% to R1.56 billion, though margins slightly declined due to Bauba’s struggles.
Raubex also addressed a recent whistleblower investigation, confirming that an independent review found no evidence of misconduct. With a solid order book and strategic diversification, the company remains optimistic about its 2026 outlook, demonstrating its ability to navigate industry challenges while sustaining growth. Investors have responded positively, with shares rising over 25% in the past year, reflecting confidence in Raubex’s future prospects.