Raubex eyes opportunities in SA’s building market

Construction and material group Raubex has reported solid first-half results with revenue jumping 52% to R5.99bn and operating profit rocketing to R435.2m as the firm recovered from the impact of Covid-19 lockdown measures in the prior period which brought activity to a standstill. The group’s financial rebound along with its positive outlook that it will continue to benefit from increased tender activity, prompted Raubex to almost doubled its interim dividend to 47c. Alishia Seckam spoke to Raubex CEO Rudolf Fourie for more detail.