Raubex to report up to 55% y/y increase in interim HEPS, EPS

18th September 2024 By: Creamer Media Reporter

Specialist infrastructure development group Raubex expects to report a "solid set" of financial results for the six months ended August 31, noting that its construction materials, roads and earthworks and infrastructure divisions delivered "more than satisfactory" performances.

As a result, headline earnings per share (HEPS) are expected to be between 45% and 55% higher at between 275.2c and 294.2c, compared with HEPS of 189.8c reported for the six months ended August 31, 2023.

Earnings per share (EPS), meanwhile, are also expected to be between 45% and 55% higher at between 279.9c and 299.2c, compared with the EPS of 193c reported for the prior comparable period.

Raubex will publish its financial results for the interim period on November 11.