By the end of December, WBHO’s group order book had increased to a record R26.5bn. Moneyweb construction companynews
JSE-listed construction and engineering group WBHO is hopeful of a potential return to work in Mozambique, where it has a major contract for a camp facility at TotalEnergies’ liquefied natural gas project and several Sasol contracts. The group has also reported a 51% growth in its roads and earthworks division order book, to its highest level in 12 years.
Neff said these include two mega project awards from the South African National Roads Agency on the N2, but stressed that these are long-term projects with the revenue feeding into the group over four years. The growth in the roads and earthworks’ order book contributed to WBHO’s group order book increasing by 43% to record levels, at R26.5 billion at end-December, from R11.05 billion in the prior period.
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