Raubex Group Posts Half Year Revenue of R4, 48 Billion, Down 4 Pct.
Oct 29 (Reuters) - Raubex Group Ltd RBXJ.J :
* JSE: RBX - UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2018
* H1 REVENUE DOWN 4, 0% TO R4, 48 BILLION
* H1 ORDER BOOK OF R8, 41 BILLION (H1 2018: R7, 52 BILLION)
* INTERIM DIVIDEND OF 12 CENTS PER SHARE DECLARED
* H1 HEPS DOWN 72, 8% TO 35, 7 CENTS PER SHARE
* RAUBEX GROUP SAYS CONTINUED TO EXPERIENCE VERY CHALLENGING CONDITIONS IN SOUTH AFRICAN CONSTRUCTION INDUSTRY, PARTICULARLY IN ROAD CONSTRUCTION SECTOR
* RAUBEX - WITH CONDITIONS IN SOUTH AFRICAN CONSTRUCTION SECTOR RESTRAINED, GROUP IS EXPECTING A CHALLENGING SECOND HALF OF YEAR
* LOW VOLUME OF WORK EXPERIENCED DURING H1 RESULTED IN GROUP'S ASPHALT & BITUMEN SUPPLY OPERATIONS BEING RIGHTSIZED
