Unaudited Interim Results for the six months ended 31 August 2026 and Cash Dividend Declaration
ResultsDividendMaterial
In brief
Revenue rose 11.8% to R12.12 billion, while headline earnings per share grew 4.4% to 254.3 cents per share. An interim gross cash dividend of 88 cents per share was declared, payable on 30 November 2026.
The announcement
Unaudited Interim Results for the six months ended 31 August 2026 and Cash Dividend Declaration 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") UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2026 AND CASH DIVIDEND DECLARATION FINANCIAL HIGHLIGHTS - Revenue increased 11.8% to R12.12 billion (1H2026: R10.84 billion) - Operating profit increased 2.5% to R618.0 million (1H2026: R603.0 million) - Earnings per share increased 8.8% to 266.9 cents per share (1H2026: 245.3 cents per share) - Headline earnings per share increased 4.4% to 254.3 cents per share (1H2026: 243.5 cents per share) - Cash generated from operations increased 104.1% to R1.56 billion (1H2026: R762.4 million) - Net asset value of R8.03 billion (2026: R7.87 billion) - Capital expenditure of R721.2 million (1H2026: R581.4 million) - Order book of R39.00 billion (2026: R31.46 billion) - Interim dividend of 88 cents per share declared (1H2026: 81 cents per share) Felicia Msiza, CEO of Raubex Group, said: Raubex is pleased to present its interim results for the six months ended 31 August 2026, a period in which the Group delivered growth across most key performance measures, compared to the prior reporting period. The Group's balance sheet and cash position remain robust with healthy cash generated from operations. The solid order book of R39.00 billion (FY2026: R31.46 billion), an increase of 24.0% since year-end, reinforces confidence in the Group's future growth prospects. The Group's diversified portfolio remained central to its performance during the six-month period, providing balance across the business as individual divisions navigated distinct operational and market pressures, as outlined in the review that follows. Continued expansion into complementary sectors, supported by a resilient operating platform, further strengthened Raubex's market position and broadened the foundations for sustainable growth. The progress achieved during the period reflects the dedication and expertise of our people, together with the decisive leadership of the Executive Team in advancing the Group's strategic priorities and positioning Raubex for long-term value creation. Web link to full results announcement: https://senspdf.jse.co.za/documents/2026/jse/isse/RBX/2026H1.pdf The full announcement is available through the following web link: https://www.raubex.com/index.php/investor-relations/financial-results Copies of the full announcement may also be requested from investor.relations@raubex.com The directors are responsible for this short-form announcement and the preparation and fair presentation of the unaudited consolidated interim results for the period ended 31 August 2026. The information included in this announcement has not been reviewed and reported on by the Group's external auditors. The short-form announcement is a summary of the information included in the full announcement, and any investment decision should be based on the full announcement as the information in this short-form announcement does not provide all of the details. This short-form announcement and the results contained herein have been prepared in compliance with the Listings Requirements of JSE Limited. A webcast presentation of the interim results will take place on Monday, 9 November 2026 at 10:00 and can be accessed via the following web link: https://meetings.lumiconnect.com/100-588-528-536 DIVIDEND DECLARATION The board has declared a gross interim cash dividend from income reserves of 88 cents per share on 2 November 2026 for the period ended 31 August 2026. The salient dates for the payment of the dividend are as follows: Last day to trade cum dividend Tuesday, 24 November 2026 Commence trading ex dividend Wednesday, 25 November 2026 Record date Friday, 27 November 2026 Payment date Monday, 30 November 2026 No share certificates may be dematerialised or rematerialised between Wednesday, 25 November 2026 and Friday, 27 November 2026, both dates inclusive. In terms of Dividends Tax ("DT"), the following additional information is disclosed: - The local DT rate is 20%. - The number of ordinary shares in issue at the date of this declaration is 181 750 036. - The dividend to utilise for determining the DT due is 88 cents per share. - The DT amounts to 17.60000 cents per share. - The net local dividend amount is 70.40000 cents per share for shareholders liable to pay the DT. - Raubex Group Limited's income tax reference number is 9370/905/151. In terms of the DT legislation, the DT amount due will be withheld and paid over to the South African Revenue Service by a nominee-company, stockbroker or Central Securities Depository Participant (collectively "Regulated Intermediary") on behalf of shareholders. All shareholders should declare their status to their Regulated Intermediary, as they may qualify for a reduced DT rate or exemption. On behalf of the board: RJ Fourie Chairman NF Msiza Chief Executive Officer JG van der Bijl Chief Operating Officer SJ Odendaal Financial Director Registered office: Building No 1 Highgrove Office Park 50 Tegel Avenue Centurion South Africa 9 November 2026 Centurion Sponsor Investec Bank Limited Date: 09/11/2026 07:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.