About us

HISTORY

The origins of the present group date back to 1970 when Wilson-Holmes (Pty) Ltd was formed by John Wilson and Brian Holmes. A number of mergers followed resulting in the name being changed to Wilson Bayly Holmes (Pty) Limited in 1983 and finally to WBHO Construction in 1994. Today the group is one of the largest construction companies in Southern Africa and is listed on the Johannesburg Securities Exchange. The driving force behind WBHO is a core of dedicated, hands-on management professionals whose experience spans decades of major construction projects in southern Africa, the Middle East and various Indian Ocean islands. WBHO's offices are strategically located in Johannesburg, Cape Town, Durban and Port Elizabeth. Construction activities, which cover the full spectrum, are divided into three main operating divisions, Building Construction, Civil Engineering and Roads and Earthworks. Our Australian subsidiary, Probuild Constructions, has its headquarters in Melbourne.

GROUP STRUCTURE

Our vision is to be the leading construction company wherever we operate

Building and civil engineering

WBHO’s building division is recognised as a leader in the South African building industry. Having established a reputation for quality, reliability and delivering against budget the division regularly exceeds client expectations. The division is able to negotiate a number of projects every year as a result. The Civil engineering division adds diversity to the division’s margin streams and strengthens the overall earnings.

Roads and earthworks

The Roads and earthworks division which operates across multiple traditional civil engineering disciplines, has through strategic acquisitions gained exposure to a number of additional specialist disciplines. The division has a particular strength when operating in Africa and has developed a successful formula for trading in the region. The division differentiates itself with its modern fleet of plant and effective teams who are encouraged to work together with consultants and clients to the mutual benefit of all parties.

Australia

WBHO entered the Australian market in 2001 after acquiring an initial 40% interest in Probuild Constructions. A decade later, with WBHO’s support, Probuild has developed into a tier one contractor having shown consistent yet controlled growth throughout the period. Key to the success of this relationship has been the similar nature of the values, culture and attitudes of management.

Other operations

The overriding purpose of WBHO’s Other operations is to expose the group to a range of diversified margin streams within the boundaries of the construction environment, in order to provide a stable earnings platform for the group’s shareholders. These markets include private public partnerships, concession arrangements and turnkey projects as well construction materials and property investments.

Organisation chart of the WBHO group's company structures

KEY NUMBERS

2016 2015 2014 restated 2013 2012 restated 2011 restated 2010
Revenue (R'000) 30 650 309 29 522 972 25 721 683 23 773 481 17 893 351 14 766 631 15 201 095
Operating profit before non-trading items (R'000) 1 004 557 793 428 1 029 446 939 190 975 702 1 090 049 1 274 174
Operating margin (%) 3.3 2.7 4.0 3.9 5.5 7.4 8.4
Earnings per share (cents) 1 396.09 908.6 1 270.8 1 104.2 1 184 1 340.2 1 754.8
Headline earnings per share (cents) 1 342.91 1 105.7 1 276.4 1 150.9 1 166.7 1 415.7 1 760.7
Dividend per share (cents) 448 368 368 368 352 330 330
Return on ordinary shareholders' interest (%) 14.7 14.1 14.4 14.3 17.1 22.5 35.5
Current ratio (times) 1.2 1.2 1.2 1.2 1.2 1.2 1.2
Debt / equity ratio (%) 2.2 5.9 7.2 6.7 5.6 3.7 1.6
Market capitalisation 7 950 574 6 547 200 8 446 680 10 239 900 8 203 140 7 225 680 7 656 000

ASSOCIATES & SUBSIDIARIES

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Probuild Constructions has built a track record for the delivery of complex, high quality projects on time and within budget.
Visit Probuild website

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Edwin Construction (Pty) Ltd is a multi disciplinary company that was established in 1997. The activities and operations of Edwin Construction include the following specific construction sectors: Roads and Highways, Dams and Earthworks, Bridges and Interchanges, Canals and Pipelines and Buildings.Visit Edwin Construction website

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Insitu Pipelines is a specialist pipe installation and rehabilitation company. Disciplines include conventional pipe laying of welded steel and HDPE pipe, PVC, ductile and concrete pipes and trenchless works including moling, CIPP lining, swage lining, slip lining, CCTV inspection, pipe cracking, micro tunnelling and leak detection of water and gas mains. The head office is based in Johannesburg but with satellite offices in Durban and Cape Town. The company provides pipe solutions for any problem encountered.

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Roadspan (Pty) Ltd was established in 2008 and is a leading Roads Surfacing, Rehabilitation Contractor and Asphalt Supplier in South Africa with static plants centrally located and mobile plants which can be moved to any region as needed. The Johannesburg based head office includes a laboratory that is equipped with all the necessary equipment to test aggregates and do asphalt mix designs.

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Kalcon (Pty) Ltd is a Botswana registered company based in Gaborone, active mainly in the disciplines of roads & earthworks, infrastructure and civil engineering. Kalcon is in a position to call on resources and expertise from the WBHO group as required for specific projects.
Visit our Contact us page

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Since its inception in 2002, Reinforcing & Mesh Solutions has grown to become a market leader in contract management and is one of the largest suppliers of reinforcing steel and welded mesh in the Southern African region. RMS has a dedicated and experienced team of professionals specializing in servicing the construction industry, managing all aspects of concrete reinforcement.
Visit the RMS website

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VSL Construction Solutions (Pty) Ltd uses the world renowned VSL systems and components for its entire post-tensioning, retained earth and heavy lifting works. With a local team of specialized engineers and experts, combined with readily available international expertise, VSL Construction Solutions carry out complex and innovative engineering projects throughout Africa and the Indian Ocean islands.
Visit the VSL website

COMPANY AWARDS

WBHO has always strived to be the best construction company in Southern Africa. “Rely on our ability” is the group’s motto and through excellence WBHO has received many awards emphasizing the group’s superior ability.

PMR AWARDS

1st Overall winner for 2017 Diamond Arrow Award : Eastern Cape Division
1st Overall winner for 2017 Diamond Arrow Award
1st Overall winner for 2015 Diamond Arrow Award
1st Overall winner for 2014 Diamond Arrow Award
1st Overall winner for 2013 Diamond Arrow Award
1st Overall winner for 2012 Diamond Arrow Award
2nd Overall winner for 2011 Golden Arrow Award
Top construction company for 12th consecutive year in 2010

PMR AFRICA AWARDS

WBHO Projects Mozambique Limitada winner of 2 Diamond Arrow awards in 2014

AFRICA INVESTOR AWARD

Awarded “Construction company co-developer of the year” at Ressano Garcia
Construction Company of the Year in 2009

FINANCIAL AWARDS

Financial Times Top 100 Companies 5th Overall in 2010
Sunday Times Top 100 Companies 5th overall over 10 years; 13th overall over 5 years in 2009
Sunday Times Top 100 Awards WBHO came 14th over a 10 year period in 2011

FULTON AWARDS

The group has achieved several Fulton Awards for outstanding use of concrete, for example:
Civil Engineering – Berg River Dam and Ntimbale Dam in 2009
Building Project Winner – Constitutional Court in 2005
Project Commendations – Clearwater Mall and Bowman Gilfillan Head Office in 2005

CESA AWARDS

ORTI Airport Terminal Building in 2009

SA INSTITUTE OF STEEL CONSTRUCTION

Award winner in Bridge category for 7th Avenue Bridge over the N1 in 2010

STEEL AWARD 2011

1st - Sandton City JV for the Protea Court in Sandton City

CONSTRUCTION WORLD’S BEST PROJECTS 2015

Category E Winner: 90 Grayston Drive (The AfriSam Innovation Award for Sustainable Construction)
Category A2 Highly Commended: 90 Grayston Drive (Building Contractors)

CONSTRUCTION WORLD’S BEST PROJECTS 2014

Category A2 Winner - Rosebank Mall
Special Mention in Civil Engineering and Building Contractors category for the Civils Works at Morelane Break Pressure Tank, North South Carrier 2, Water Transfer Project Botswana.

CONSTRUCTION WORLD’S BEST PROJECTS 2013

Category E Winner - Standard Bank Head Office
Category A2 Highly Commended - Alice Lane Phase

CONSTRUCTION WORLD’S BEST PROJECTS 2012

Category A1 Winner - Kusile Main Civil Works

CONSTRUCTION WORLD’S BEST PROJECTS 2011

1st - Sandton City JV for building contractors and civil engineering
Special Mention in civil engineering and building contractor category for the Ingula Pumped Storage Scheme

MBA EXCELLENCE AWARDS 2011

Supreme Winner Iconic - King Shaka International Airport and Dube Tradeport
Winner - Commercial Building above R40m - Investec KZN
Highly Commended - Health Facilities- St Annes Paediatric Ward

QUALITY POLICY STATEMENT

WBHO in its motto “Rely on our ability” signifies that of a focused group, which concentrates on providing its clients with a quality product. To this end the group mobilises its management skills and uses its resources in the most efficient and cost effective manner to produce projects to the required standard and quality.

WBHO ensures quality management by using best construction practices within the core activities of the group. By continually improving our processes we assure compliance to requirements and therefore enhancing client satisfaction. Commitment by Management is demonstrated through maintaining the ISO 9001 certification.

1. To deliver our Projects in time, within budget and to the standard of quality required by our clients.
2. To create and maintain a culture of quality within the group.
3. To ensure that all our employees are trained in the Quality Management System and that this training is ongoing at all levels.
4. To meet all relevant statutory & legal requirements.
5. To provide the resources necessary to achieve the required level of quality.
6. To ensure that quality control and quality assurance mechanisms are being sufficiently and effectively applied and that documentary evidence of such are maintained. .
7. To document and measure quality objectives and targets through internal audits and management reviews.
8. To ensure that all advisors, suppliers, sub-contractors and others who are involved in our projects meet the required quality standards.
9. To continually review, improve and implement quality management and best practice procedures.
10. To seek feedback from our clients and consultants as to the level of quality delivered.

COMPANY NEWS

2013

    2012