Thursday, 27 June 2013 11:27

Brikor returns to profit

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Brikor reports diluted headline earnings per share from continuing operations of 2.0c for the year ended February 2013 from a loss of 2.3c a year ago. Manufacturer and supplier of building and construction materials Brikor (BIK) has reported diluted headline earnings per share from continuing operations of 2.0 cents for…
Thursday, 27 June 2013 10:01

Stefanutti Stocks to pay R306.9m penalty

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Stefanutti Stocks signs a Settlement Agreement with the Competition Commission for a penalty amount of R306.9m in terms of the commission’s Fast Track Settlement Process. Stefanutti Stocks (SSK) said on Monday it has signed a Settlement Agreement with the Competition Commission for a penalty amount of R306.9 million in terms…
It has taken a long industry slump to get construction firms to change the way they conduct business. High competition for tenders and low profit margins created an urgent need for a different approach. In road construction and repair, Raubex felt other firms crowd into its space which, at the…
Investment group Erbacon reports a diluted headline loss per share of 29c for the year ended February 2013 after a loss of 71c previously‚ due to delayed contract awards. Investment group Erbacon (ERB) on Friday reported a diluted headline loss per share of 29c for the year ended February 2013…
Thursday, 27 June 2013 01:46

Diversification key for Esorfranki

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Construction group Esorfranki\'s revenue climbs 31.3% to R2.33bn from R1.77bn in the year to end February 2013. Construction group Esorfranki\'s (ESR) group revenue climbed 31.3% to R2.33bn from R1.77bn in the year to end February 2013. CEO Bernie Krone said diversification was key. \"We had to diversify our businesses because…
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