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RACEC Delivers On Promises Against Tough Market Backdrop

 

RACEC Group Limited, the AltX listed rail and electrification infrastructure solution company,
continued to show strong growth during the year ended 30 September 2008, as the rate
of infrastructure investment in its target markets persisted. Its results released today
reflected revenue growth of 78% to R388.9 million (2007: R218.1 million) and operating
profit increased by 67% to R26,6 million (2007: R15,9 million). Headline and diluted
headline earnings per share up 29% and 84% to 16.0 cents (2007: 12.4 cents) and 16.0
cents (2007: 8.7 cents) respectively. Download full report:

Press Release 11 Dec 2008

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