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| CREDIBLE SET OF INTERIM RESULTS GIVEN PREVAILING MARKET CONDITIONS | | Stefanutti Stocks, a JSE civil engineering and construction group with multi-disciplinary expertise and a wide geographical footprint spread across Africa and the Middle East, delivered a credible performance for the six months ended 31 August 2011, given the prevailing market conditions in this sector. | | Stefanutti Stocks Holds Strong in Tough Market | | JSE civil engineering and construction group – Stefanutti Stocks –posted commendable results for the year to February 2011 in light of the challenging construction sector. Notwithstanding competitive trading conditions, delays and postponements on existing contracts the group’s order book held steady at R6,4 billion. | | Stefanutti Stocks to improve marine navigation in Sierra Leone | | Cape Town based Stefanutti Stocks Marine, a division of Stefanutti Stocks (Pty) Ltd, has been awarded a US$22 million contract, in a 50/50 joint venture partnership with BAM International, the operating company for Netherland’s Royal BAM Group activities outside of Europe. |
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