Raubex stock faces project disruption after worker protest

Published on 10/08/2026 at 04:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raubex stock was last at ZAc 4,071 on October 7, 2026, while workers halted activity at a Beaufort West road project. Fiscal 2026 revenue rose to ZAR 22.048 billion.

Raubex, ZAE000093183, Illustration mit AI erstellt.

Raubex stock (ISIN ZAE000093183) was last at ZAc 4,071 on the JSE on October 7, 2026, down 1.79 percent from the prior close, while workers at a Raubex Infra road project in Beaufort West halted activity. The labor dispute adds an operating issue to a group whose fiscal 2026 revenue reached ZAR 22.048 billion.

Beaufort West project faces disruption

As TimesLIVE reported on October 7, 2026, workers at the Beaufort West road project protested over pay and working conditions. The report said restricted access to the site disrupted normal construction activities.

Raubex senior administrator Caro Uys told TimesLIVE that Raubex Infra had engaged with labor representatives and relevant stakeholders. The company said its remuneration practices were aligned with bargaining council requirements and South African labor legislation, while allegations of inappropriate workplace conduct were referred for investigation.

Fiscal 2026 numbers show expansion

Raubex reported fiscal 2026 revenue of ZAR 22.048 billion, up 4.61 percent from ZAR 21.077 billion in fiscal 2025, according to Investing.com. Gross profit rose 14.96 percent to ZAR 2.873 billion, lifting the gross margin from 11.86 percent to 13.03 percent.

Net income increased 1.6 percent to ZAR 1.100 billion in fiscal 2026 from ZAR 1.082 billion a year earlier. EBITDA rose 17.48 percent to ZAR 2.575 billion, and the EBITDA margin expanded from 10.40 percent to 11.68 percent over the same period.

Stock remains below yearly high

The JSE quote places Raubex stock at ZAc 4,071 on October 7, 2026, with 134,667 shares traded. The 52-week range was ZAc 3,841 to ZAc 5,752, leaving the latest price ZAc 1,681 below the yearly high.

For investors, the immediate issue is the contrast between improving fiscal 2026 profitability and a labor dispute affecting construction activity at one project. The revenue increase was modest beside the 17.48 percent EBITDA growth, making operating execution and project continuity important markers for the next company update.

Raubex stock stays under review

Raubex stock was last at ZAc 4,071 on the JSE on October 7, 2026 at 5:02 p.m. SAST, with the session change at minus 1.79 percent. The company operates across infrastructure development, construction materials, roads and earthworks.