Raubex Group reports strong financial results and positive outlook for 2026

RAUBEX Group's share price shot up 8.8% on Monday after the infrastructure, development, and construction materials supply group reported a strong balance sheet, a healthy cash balance, and a solid R28.28 billion order book for the year to end-February 28, 2025.

- EDWARD WEST

"Despite ongoing geopolitical tensions across the globe, and the many local challenges we are all so familiar with, Raubex prevailed to deliver another robust set of results," Felicia Msiza, the CEO of Raubex, said in a statement. The order book increased by 10.3%.

She said their diversification strategy has been a big reason for their strong performance over the past five decades. The share price traded at R44.42 on the JSE Monday morning, having gained just over 25% over a year.

Raubex's results were delayed on May 9, 2025, to allow for an investigation into an anonymous whistleblower report that contained allegations of improper conduct, but the group announced separately Monday that a detailed fact-finding exercise by independent external advisors had been conducted, and no evidence of unlawful conduct or ethical impropriety was found.

Msiza said over the past year, three of four divisions reported improved results, with the Materials Handling and Mining Division encountering various operational and trading challenges. "By broadening our horizons and creating a resilient business model, we have strengthened our position across various sectors and unlocked opportunities," she said.