Journey to Best-in-Class
 



Corporate overview

Erbacon Investment Holdings Limited (Erbacon) listed on the AltX (a division of the JSE Limited) in 2007.

Erbacon has more than thirty years' experience in providing heavy civil engineering construction and commercial and industrial building services. The Group has assets exceeding R500m and employs over 2 000 people producing revenues exceeding R1bn.

Civil engineering contracts are undertaken involving complex concrete structures, roads and bulk earthworks. The Group currently works across most of South Africa and other regional countries.

Building services are undertaken in areas such as shopping and distribution centres, schools, hospitals and other public buildings. High-rise developments are undertaken in joint venture with partners.

Medu, a black owned private equity investor, owns over 51% of the ordinary equity of Erbacon, while management own over 20%.

VALUES

  • Care
  • Respect
  • Honesty

2012 Highlights

  • Best-in-Class strategy
  • Employees > 2 350
  • Qualified Engineers, Quantity Surveyor and Accountants > 130
  • Revenue > R1,1 billion
  • Assets > R550 million
  • Third-party net interest-bearing debt < R22 million
  • Recapitalisation underway ± R200 million
  • Black ownership > 51%.

2012 Chairman's Report
2012 Chief Executive Officer's Report
2012 Group Financial Director's Report