Construction and materials group Raubex says it has returned to profit for its six months to end-August, with a record order book underpinning a more than doubling of headline earnings per share (Heps) from prepandemic levels.

The group, one of the few listed survivors of a recent downturn in SA’s construction industry, expects headline earnings per share of at least 117c, from a loss of 26.6c previously, implying this measure of profit, which excludes certain one-off items, has improved about R250m...

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