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22 companies in the Group
“At this stage we have 22 companies within the Group,” Fourie says.
This marks the significant evolution of the Raubex Group from its
initial formation as a private company during the difficult economic
conditions of the early 1990s. The current structure is that while
the individual companies remain autonomous and in charge of their
own day to day operations, the majority shareholding and strategic
direction lies with the larger Raubex Group.
It is this differentiation from a typical large corporate entity that
has resulted in the ongoing success of the Raubex Group. “Our latest
results will probably be some of the best results out there in the
construction industry today with a strong order book of R7.5 billion.”
Fourie says the capex budget for the current financial year is pegged
at R500 million. “It is based predominantly on the mining side, which
is quite hungry for capex,” he concludes.
Raubex 2014 Results
The Infrastructure Division performed well during the year, while the
Construction and Materials Divisions continued to seek opportunities
beyond South Africa’s borders, making good progress in Zambia and
Namibia,Rudolf Fourie,CEO,says in the 2014 Raubex Integrated Report.
“The construction industry continues to experience slow payments on
some provincial projects, but we have been able to maintain tight
financial control over our debtors as well as cash flow.”
Looking at 2015,Fourie notes: “We are expecting trading conditions
in the South African road construction industry to remain challenging
but stable in the short term. Competitive pressures, particularly in the
heavy rehabilitation and construction sector, are expected to continue
in the year ahead. We believe the attrition and consolidation within
the construction sector is also set to persist. “The volume of work out
to tender is expected to remain steady and sufficient to maintain the
group’s order book.
“Improvements in the sector remain dependent on the timelyrollout
of the government’s infrastructure development plan, the successful
implementation of tolling and associated revenue collection, as well
as the continued handover of strategic and primary road networks and
associated maintenance budgets, from provincial governments to the
South African National Roads Agency Limited (SANRAL).”
Fourie concludes: “The Raubex Group will continue to seek growth
through expansion into Africa in both the road construction and the
mining and material handling sectors.”
Organogram
CONSTRUCTION DIVISION:
Raubex Construction, Roadmac Surfacing,
Roadmac Surfacing Cape, Milling Technics, Raubex KZN, Raubex
Zambia, Centremark Roadmarking
MATERIALS DIVISION:
Burma Plant Hire, SPH Kundalila, National
Asphalt, Raumix Aggregates, B&E International, Tosas, Strata Civils,
Shisalanga Construction, OMS Crushers
INFRASTRUCTURE DIVISION
: Raubex Infra, L&R Civil, Raudev, Raubex
Housing
The trend towards outsourcing in the mining industry presents an
ideal opportunity for the Raubex Group’s total solutions approach.