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Investors 2017

Unaudited Summary Consolidated Interim Financial Statements

By 28 February 2017August 18th, 2022No Comments

Revenue from continuing operations amounting to R15,4 billion was in line with the revenue achieved in the comparative period. Revenue growth from the group’s Building division offset lower revenue derived from the Civil engineering and Roads and earthworks divisions. The growth in revenue from the local Building divisions together with a heavier weighting of local work within the Roads and earthworks division resulted in an increase of 16% in revenue derived from South Africa. The lack of mining activity in the rest of Africa continues to impact revenue streams from the region which decreased by 42% over the comparative period. Australian revenue in rands
remained largely flat.

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