Monday, 27 January 2014 16:30

Cashbuild's second-quarter revenue up 4%

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Cashbuild reports revenue up 4% in the second quarter of the 2014 financial year.

Cashbuild

Southern African building materials retailer Cashbuild (CSB) reported revenue up 4% in the second quarter of the 2014 financial year‚ compared to the second quarter of the prior financial year‚ the company said in a trading update on Monday.

Cashbuild is in the process of finalising its results for the half-year ended December 2013. "Altogether 16 new were opened since July 1 2012‚ which contributed 4% of the increase‚ whilst 191 existing stores remained at similar levels to the prior year. This‚ together with the growth reported in the first quarter‚ equates to an increase in revenue for the half year of 7%‚" the company said.

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Murray & Roberts is South Africa’s leading engineering and construction services company. It has delivered infrastructure throughout South and Southern Africa for more than 110 years and is today recognised as an international engineering and construction…