UNAUDITED

INTERIM

RESULTS

for the six months ended 31 August 2022

Raubex Group Limited (Incorporated in the Republic of South Africa) Registration number 2006/023666/06 Share code: RBX ISIN code: ZAE000093183 ("Raubex" or "the Group")

Agenda

  • The Period in Review
  • Our Divisions
  • Group Financial Highlights
  • Divisional Reviews
  • Order Book
  • Major Projects Progress
  • Conclusion

2

The Period in Review

  • The Group is pleased to present a strong set of results for the 6 months ended 31 August 2022
  • Commenced the period with a record order book of R17,1 billion
    • Executing the order book profitably
    • Maintained a strong quality order book at similar levels
  • High levels of tender activity continued during the year to date
    • Number of projects are still pending adjudication which can increase the order book substantially if awarded
    • The South African Government's Economic Reconstruction and Recovery Plan is encouraging
    • Selective in taking on opportunities with a good risk vs award ratio
  • Operationally the Group performed well considering the current economic outlook and inflationary pressure
    • Operating profit up 7,9% when compared to H2 from the previous year (Up 26.4% compared to H1 from previous year)
    • Increased profit a result of diversified business model - Good performance from Beitbridge border post, Bauba Resources and Western Australia
    • Last year's strong performance by Australian operations backed up with another strong six-month performance
  • Financially the Group focused on managing the increased working capital demand and maintaining a strong balance sheet
  • Top management changes successfully implemented during the period
    • New CEO and COO appointed
    • Because of growth the Group split the divisions into 4 and additional Exco members appointed to manage growth
    • Management is settled in and continue implementing the Group strategy as set out in 2020

3

Our Divisions

4

Our Divisions

5

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Disclaimer

Raubex Group Ltd. published this content on 07 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 November 2022 09:01:03 UTC.