Renewable energy projects power Raubex profit

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Eskom's independent power producers programme has boosted the construction group in its six months to end-August

Eskom’s independent power producers programme has boosted the construction group in its six months to end-AugustRoad-builder Raubex is optimistic that the outlook for SA’s construction sector could improve, having received a boost in its six months to end-August from contract work for independent power producers .

Group revenue fell 1.9% to R4.4bn, with revenue from its roads and earthworks division declining 7.7% in which tough trading conditions due to decreased public spending continue to weigh.

 

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