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Annual Financial Results

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Johannesburg, 17 May 2018 – JSE-listed multi-disciplinary construction group Stefanutti Stocks, which operates throughout South Africa, sub-Saharan Africa and the United Arab Emirates, today released results for the year ended 28 February 2018.
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Stefanutti Stocks has become the first company in South Africa to have a field study performance endorsed by ExxonMobil Global Lubricants. The two companies, together with Centlube (South Africa’s authorized distributor of Mobil lubricants) recently completed an optimum oil drain interval (ODI) study, with the specific objective of increasing the oil drain intervals on Stefanutti Stocks’ fleet of Komatsu HD 465 rigid dump trucks.
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Interim Results Press Release

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Johannesburg, 9 November 2017 – JSE-listed Stefanutti Stocks, the multi-disciplinary construction company operating in South Africa, sub-Saharan Africa and the Middle East, today announced its interim results for the six months ended 31 August 2017.
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Johannesburg, 18 May 2017 – Stefanutti Stocks, the multi-disciplinary construction company operating in South Africa, sub-Saharan Africa and the United Arab Emirates, today reported an operating loss of R106 million for the financial year ended 28 February 2017.
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03 February, 2017: In an exciting development Redpath Mining (South Africa) and multidisciplinary construction group Stefanutti Stocks are pleased to announce that they have entered into an alliance agreement. The two companies offer different, yet complementary capabilities and services to the mining sector, and the alliance will maximise benefits to existing and prospective clients, by giving them access to a complete turnkey mining solution.
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Johannesburg, 27 January 2017: February 2017 marks the launch of The JSS Empowerment Mining Fund. The fund is established by Jaltech and Stefanutti Stocks to fill a funding void in the junior mining sector in South Africa, while offering an attractive investment opportunity to investors through extensive risk mitigation and tax benefits. The fund’s target capital is R1 billion.
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Johannesburg, 10 November 2016 – The interim results for the six months ended 31 August announced today by Stefanutti Stocks, the multi-disciplinary construction company operating in South Africa, sub-Saharan Africa and the Middle East, reflects the challenging trading environment with the lack of both private and public infrastructure spend in Southern Africa.
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Johannesburg- Dual-listed Resource Generation (Resgen) is another step closer to the development of its Boikarabelo coal mine in South Africa’s Waterberg region after signing a heads of agreement with a mining contractor.
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A day on which good must take centre stage

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This year’s Mandela Day at Madibatlou School in Olifantsfontein marked the celebration of a relationship with construction group Stefanutti Stocks that has, over the past three years, grown from strength to strength. In addition to hundreds of employees participating in a broad-range of renovation activities on Saturday 16 July, the relationship was further cemented by the timely approval of school expansion plans, submitted by Stefanutti Stocks in 2015 to the Gauteng Department of Education.
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Johannesburg, 19 May 2016 – Despite a challenging trading environment, Stefanutti Stocks produced a reasonable performance this financial year. CEO Willie Meyburgh commented: “We are satisfied with the overall performance of the group given the circumstances, and while the South African construction market remains challenging and competition for available work continues to escalate, we have managed to maintain the order book in most of our divisions.”
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