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Listing August '07
 

Press Office

Articles from News
STEFANUTTI STOCKS WEATHERS TOUGH TRADING CONDITIONS AND CONTINUES TO INCREASE ORDER BOOK  - Tuesday, May 15, 2012
Stefanutti Stocks, a leading construction group with multi-disciplinary expertise and which operates throughout South Africa, sub-Saharan Africa and the Middle East, released their results for the year ended 29 February 2012.
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STEFANUTTI STOCKS SECURES EXCITING COAL MINING PROJECT  - Monday, April 23, 2012
Stefanutti Stocks Mining Services (SSMS), a subsidiary of Stefanutti Stocks, a JSE civil engineering and construction group with multi-disciplinary expertise...
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Roads & Earthworks put the ‘whoosh’ in the ground  - Monday, February 13, 2012
The South-African telecommunication market has gone through significant changes over the past two years and with it the demand for fibre-optic infrastructure. Currently, each of the five major service providers (Dark Fibre Africa, Neotel, Vodacom, MTN, Cell-C) is putting around 2 000km of fibre-optics in place each year.
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Stefanutti Stocks to improve marine navigation in Sierra Leone  - Friday, April 15, 2011
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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Stefanutti Stocks holds steady in economic storm  - Wednesday, November 10, 2010
JSE civil engineering and construction group, Stefanutti Stocks, demonstrated resilience in the six months to August 2010 (“the period”) and contained the negative impact of challenging economic conditions on its top and bottom line.
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P.P. Rust 600 KTPM Concentrator Projects  - Sunday, October 24, 2010
Stefanutti Stocks Mechanical (previously Skelton & Plummer) offers turnkey projects in the fields of civil, mechanical, electrical and instrumental engineering.
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Freedom Park - combining conventional with the unconventional  - Wednesday, October 20, 2010
Source: Danie MoolmanStefanutti Stocks Building Gauteng is in a 70/30 JV with Fikile Projects to construct the “Phase 2A” section of The Freedom Park...
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The Letseng Diamond Mine – an award winning success  - Sunday, October 17, 2010
Source: Shaun ButlerStefanutti Stocks Civils recently completed the process plant at the Letseng Diamond Mine in the remote Maluti Mountains of Lesoth...
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Petrochemical capabilities instrumental in award of NOSA five star rating  - Wednesday, October 13, 2010
Source: Deon HennStefanutti Stocks Civils (Pty) Ltd undertook the civils works for the 4th Train Landlord Project, which forms part of the overall Sec...
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De-silting catchment dams and vlei areas in the SA Mining Industry  - Sunday, October 10, 2010
Source: Mike SmithThe environmental clean up objectives of most Mining Houses includes the “clean out” of catchment dams and associate downstream vlei...
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Constructing civil structures in remote African locations  - Wednesday, October 06, 2010
Source: Bob Fordyce Stefanutti Stocks Civils (Pty) Ltd has recently completed two projects in Zimbabwe. The first, the construction of a concentrator ...
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Your Safety First  - Thursday, September 30, 2010
Source: Mike StevensonStefanutti Stocks Civils is currently on site at the Thubelisha colliery in Mpumalanga. The division is working on the civil con...
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Wrapping up a Major Project for ACSA  - Monday, September 27, 2010
Source: Pieter Postema & Jean Kotze The two Stefanutti Stocks projects at the Cape Town International Airport will be fully operational for the 2010 F...
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Ubombo Sugar Mill Expansion Project  - Thursday, September 23, 2010
Source: Ken GibbThe Ubombo Sugar Mill is situated 450km north of Durban, at Big Bend in Swaziland. The original mill was completed and commissioned a ...
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Slipforming @ Kusile Auxiliary Bay Lifts Shafts & Shear Walls  - Thursday, September 02, 2010
Source: Paul BothaCommencing in April 2010, the Stefanutti Stocks Civils division will be sliding twelve Auxiliary Bay lifts and twelve Auxiliary Bay ...
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Sikhuphe Alternate Access Road  - Monday, August 30, 2010
Source: Nick ShawThis contract was awarded in July 2009 and entails the construction of a 9km single carriage-way road. The new road starts from the e...
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Safety a priority at Richards Bay Minerals Tailings Plant  - Thursday, August 26, 2010
Source: Wade LeafOn a daily basis the site team at the RBM Tailings Plant is challenged, from a procedural and safety and quality point of view. “Our ...
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Rock Cladding of Tailings Dam  - Monday, August 23, 2010
Source: Mike SmithEnvironmental awareness and compliance is a major consideration for many mining clients whose tailings dams are nearing the end of t...
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Roads & Earthworks South Africa achieves 1 000 000 D.l. free hours  - Thursday, August 19, 2010
Source: Francisco SantosAchieving 1 000 000 Disabling Injury free hours in construction is a significant accomplishment and a goal set by most players...
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Mother Nature ‘lands’ at Sikhuphe International Airport  - Monday, August 02, 2010
Source: Shaun WhiteThere are various packages on this project which commenced in June 2009. The contract packages awarded to Stefanutti Stocks include...
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More power at Majuba – Majuba 400 kV Loop-in project  - Monday, July 26, 2010
Source: Roger VenzoThe newly established Stefanutti Stocks Power Division successfully secured the award of its first major project. ESKOM required co...
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More glamour for the Golden Horse Hotel  - Thursday, July 22, 2010
Source: Justin Roberts The 96-room Golden Horse Casino Hotel in Pietermaritzburg is being refurbished as part of a total revamp of the Golden Horse Ca...
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Marine works at Malongo Dock scheduled for completion in 2010  - Monday, July 19, 2010
Marine works at Malongo Dock scheduled for completion in 2010Source: Arnold van TaakThe Malongo Dock Expansion Project, situated at Malongo Base in th...
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Headquarters for SADC  - Thursday, July 15, 2010
The impressive new SADC headquarters in Gaborone brings all the units and directorates of SADC under one roof. The Bongwe Consortium, headed up by Ste...
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Geotechnical @ Kusile  - Monday, July 12, 2010
Geotechnical @ KusileSource: Don LayfieldThe contract to install some 61km of piling was awarded to the Stefanutti Stocks-Franki Africa joint venture ...
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Stefanutti Stocks Mining Services tells the “tail” for Khumani expansion.  - Monday, July 05, 2010

JSE-listed construction and civil engineering group, Stefanutti Stocks is rapidly developing its mining business unit, Mining Services. This strategy is well in hand when taking into account one of its larger and most unique projects to date – the paste disposal system for the Khumani Iron Ore Expansion Project (KEP).

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Earthworks @ Kusile  - Sunday, July 04, 2010
Stefanutti Stocks is the main contractor for the bulk and restricted excavation and also undertakes the blasting for the JV. They started on site in February 2009. Included in their scope of works is the back filling, paving and access roads in the power block.
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Diving under Moma Sands  - Sunday, June 27, 2010
The Moma Sands Project is a recently completed multi-million US$ project on the coast of Mozambique established to process mineral sands by means of a proven dredging, concentrating and separation method. The primary mineral extracted is Titanium Dioxide. The material is transported from the facility on land along a pier conveyor system (extending 450m into the ocean), onto a barge that shuttles between the jetty and sea-going bulk carriers moored about seven nautical miles offshore.
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Capping an Environmental Evil  - Wednesday, June 23, 2010
Asbestos pollution, as is widely known, is dangerous to humans. Eskom is in the process of aggressively addressing environmental issues such as these on all their plants across South Africa.
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A new way of doing business in our industry... converting viable prospects into projects  - Sunday, June 06, 2010
To maintain a competitive edge in our industry it is important to constantly explore and investigate new ways of doing business.
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SAFM market update - interim results. Interview with Willie Meyburgh  - Wednesday, December 02, 2009

Alec Hogg: Stefanutti Stocks CEO Willie Meyburgh is with us in the studio this evening. Willie, turnover up 56%, headline earnings per share up 23%. The acquisition of Stocks now coing through a company-changing deal - and it seems to have really paid off.

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Desperately seeking margin - Moneyweb  - Wednesday, December 02, 2009

JOHANNESBURG - Having grown heps 23% in the six months to August, Stefanutti Stocks (JSE:SSK), seems to be the medium-sized construction group to follow.

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Stefanutti lifts interim profit - order book at R6.6 billion - Engineering News  - Wednesday, December 02, 2009

JSE-listed engineering and construction group Stefanutti Stocks on Wednesday reported that revenue and operating profit for the six months ended August, had grown by 56% and 46% respectively.

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Stefanutti forecasts dark clouds ahead - Business Report - 12 November 2009  - Wednesday, December 02, 2009
Stefanutti Stocks, the listed engineering and construction group, maintained a strong financial performance in the six months to August, but expected the next six months to be challenging because of project funding constraints and lower tender margins.

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Stefanutti shrugs of Chinese 'threat' - Business Day - 12 November 2009  - Wednesday, December 02, 2009
Multi-disciplinary engineering and construction group Stefanutti Stocks is forming working alliances with international companies to take advantage of their technology as it seeks to expand aggressively into mineral-rich countries in Africa.

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A bright and airy Stefanutti Stocks edutainer classroom  - Monday, November 30, 2009
On 1 December 2009, World Aidʼs Day, the Noah Orphans Reamogetswe Ark in Muldersdrift took delivery of their new edutainer sponsored by the Stefanutti Stocks Group. The pre-school currently caters for 69 AIDS orphans and is run by teacher, Lebo Marobe.
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The Umgeni-Inanda Inerchange upgrade  - Saturday, October 31, 2009
This project, undertaken by Stefanutti Stocks Civils KZN, comprises the upgrading of the Umgeni/Inanda Split Interchange on the N2 in KwaZulu Natal, for client SANRAL.
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Stefanutti Stocks - saying “I do” to quality, reliability and prestige  - Saturday, October 31, 2009
Stefanutti Stocks Earthworks (Pty) Ltd has expanded its fleet to include five more Mercedes-Benz trucks.
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The Sasol Temane Expansion Project  - Saturday, October 31, 2009
Stefanutti Stocks Civils KZN (Pty) Ltd is currently undertaking the expansion project at the Sasol Temane Central Processing Facility (CPF) in Mozambique.
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Rehabilitating Roads across South Africa  - Saturday, October 31, 2009
The SA National Roads Agency Limited (SANRAL) and local agencies like the Johannesburg Roads Agency are set to invest heavily in upgrading and improving the country’s road infrastructure. In light of these opportunities, Stefanutti Stocks Earthworks (Pty) Ltd. recently established an asphalt division, which expands the business capacity to execute all types of road surfacing.
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Sikhuphe Airport, Swaziland - building a national airport in less than a year!  - Saturday, October 31, 2009
The Swaziland Government recently awarded the Stefanutti Stocks operations in Swaziland two contracts forming part of the overall construction of the new national airport.
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Shopping is even better at Kenilworth Centre  - Saturday, October 31, 2009
Kenilworth Shopping Centre, which is well over 30 years old, has undergone a major upgrade and expansion in recent years, to modernise and bring it in line with the expectations of the 21st Century shopper.
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Richards Bay Minerals MSP Tailings Plant Civil Construction  - Saturday, October 31, 2009
Stefanutti Stocks Civils KZN increased their participation in the growth of the Richards Bay region, by recently being awarded the Richards Bay Minerals (MSP) Tailings Plant Project. The award is the culmination of more than 16 months of pricing and intensive negotiations.
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Repairs to No.1 Concrete Silo at Harmony Central Plant, Virginia  - Saturday, October 31, 2009
The two 6 000 ton gold-ore silos at Harmony’s Central Plant Refinery in Virginia were originally constructed in 1986. They were lined with railway tracks to absorb the impact of the ore and to reduce the wear on the silo wall when discharging the ore into the outlet hoppers.
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Reconstruction of N2 from Piet Retief to Camden (87.4km)  - Saturday, October 31, 2009
This project again sees the earthworks and surfacing teams working together. Site engineers and personnel will first assess the existing road and allocate the sections according to requirements. Parts of the road will be fully rehabilitated with the reconstruction of the layers, while others portions will have double seal done.
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Piling for Brickmakerskloof Bridge, Bakens Valley – Port Elizabeth  - Saturday, October 31, 2009
In August 2009 Stefanutti Stocks Geotechnical (Pty) Ltd was appointed to carry out the piling which provided founding for the new proposed road-over-river bridge, spanning across the Sharks River in the Brickmakerskloof area, Port Elizabeth. The three-month project is being undertaken for the Nelson Mandela Bay Municipality.
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Putting the PPP process into perspective  - Saturday, October 31, 2009
In order to place a PPP in perspective we’ll examine how government normally provides serviced office accommodation for its institutions.
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NG149 Pipeline capacity increase at Komatipoort  - Saturday, October 31, 2009
The construction of a new compressor station at Komatipoort, Mpumalanga will increase the flow capacity of the natural gas line from the Temane gas field in Mozambique to Secunda. Two new gas turbine driven compressors are being installed, together with all associated ancillary equipment and services.
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Need offices? We’ll travel  - Saturday, October 31, 2009
Stefanutti Stocks Building Gauteng has been expanding it’s areas of operation and exploring new markets, one of these being the town of Ermelo, where they are currently constructing new offices for the Gert Sibanda District Municipality.
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NASREC pedestrian promenade – a work of art!  - Saturday, October 31, 2009
Stefanutti Stocks Earthworks (Pty) Ltd, in joint venture with Molokotwa Construction has just completed work on this 20-month contract for client JDA (Johannesburg Development Agency).
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N17 upgrade between Bethal and Davel (17.5km)  - Saturday, October 31, 2009
The N17 project will see the earthworks and surfacing teams working together as one. The contract entails the full rehabilitation of the shoulders and reconstruction of the base course with an asphalt overlay over the entire road. The base course will be reconstructed with a cold in-situ recycler to construct an ETB (emulsion treated base).
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LUSIP - Tertiary Distribution System Phase 1(b) - phase two of a poverty alleviation scheme  - Saturday, October 31, 2009
Phase one of this poverty alleviation scheme designed to bring water to the dry lowveld area of Swaziland was completed in February 2009.
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Lateral support to six sites along the Gautrain line  - Saturday, October 31, 2009
In late 2008 Stefanutti Stocks Geotechnical (Pty) Ltd was awarded the lateral support contract for Bombela CJV for three sites along the Gautrain line from Frankenwald to Nellmapius Road, (Frankenwald Bridge, Maxwell Bridge, Nellmapius) - with an original tender value of over R7 million. As the project progressed, an additional three sites (Allandale Cute, Dale Road and the New Road Service Bridge) were added, more than doubling the contract value.
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Komati Power Station – an innovative design delivered  - Saturday, October 31, 2009
The award of the construction of a stacker reclaimer for Eskom in 2008 was based on an innovative design & construct response by Stefanutti Stocks Civils (Pty) Ltd to Eskom’s tender requirements.
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Generating power, generating growth…  - Saturday, October 31, 2009
“Since inception a few months ago, the power division has been combing the market for strategic acquisitive opportunities and proper partnerships,” says Jan Oberholzer who heads up the Stefanutti Stocks mechanical, electrical and power business unit.
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Fair play @ Princess Magogo Stadium, Kwamashu  - Saturday, October 31, 2009
The development of Princess Magogo is forging ahead and the sports stadium will serve as one of South Africa’s largest training venues for the 2010 World Cup. The contract commenced in January 2009 and involves both civil and building operations.
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DMO - Performance & Safety & key to success  - Saturday, October 31, 2009
Stefanutti Stocks Civils (Pty) Ltd. recently completed the Douglas Middelburg Optimisation (DMO) ROM stockpiles and conveyors project.
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Bospoort Dam – Rehabilitated and safer  - Saturday, October 31, 2009
Some 18 months down the line, the rehabilitation of the Bospoort dam for client DWAF (Department of Water Affairs and Forestry) is almost complete. The dam has been rehabilitated in line with safety requirements.
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Advocating the PPP concept  - Monday, May 25, 2009
Public Private Partnerships (PPPs) are being seen as an effective vehicle through which to drive infrastructure projects in SA in the foreseeable future, including the provision of some basic services.
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Stefanutti Stocks continues to build strong growth  - Tuesday, May 19, 2009
In an active and highly successful year to February 2009, JSE-listed engineering...
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Stefanutti Stocks emerges as BEE leader in the construction sector of the JSE.  - Monday, April 20, 2009
Construction group Stefanutti Stocks has come to the JSE to teach old hands how to play the black economic empowerment (BEE) game.

Stefanutti Stocks Holdings in from the cold  - Sunday, April 19, 2009
Construction shares have been blowing hot and cold over the past year. It’s a cold snap now though more accurately it’s probably a return to reality from the outrageous earnings multiples these stocks wre attracting a year ago.
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The ugly duckling - Stefanutti Stocks  - Wednesday, April 08, 2009
It’s time to show Stefanutti Stocks some respect. its share proce of R7,48 and p:e of 5,19 do not do it justice.
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Stefanutti Stocks still building on past success  - Monday, April 06, 2009
Stefanutti, Stocks Holdings, the new kid on the block among the tier-one construction companies on the JSE, continued to please a weak market yesterday.
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Stefstock pulled down by market sentiment  - Wednesday, March 18, 2009
I can’t resist a personal response in yesterday’s story on whether or not financial journalists should be required to report their interestss in shares on which they write.
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Eskom awards Kusile Main Civil Works Tender to a joint venture of local construction companies  - Tuesday, December 09, 2008
The main civil works for Eskom’s new Kusile Power Station between Balmoral and Ogies in Mpumalanga has been awarded to the Kusile Civil Works Joint Venture.
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Stefanutti Stocks continues growth with strong interims  - Tuesday, November 11, 2008
Buoyed by strong organic growth and the contribution from acquisitions to date, JSE civil engineering construction group Stefanutti Stocks Holdings (“Stefanutti Stocks”) reported interim results for the six months to August 2008 reflecting increases in all key performance indicators. Government’s ongoing investment in infrastructure and expansion in the mining sector were key drivers of the group’s performance which saw revenue more than double to R2,6 billion from this time last year.
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Stefanutti & Bressan’s maiden annual results exceed forecast  - Sunday, May 18, 2008

JSE civil engineering, construction and building group Stefanutti & Bressan (“S&B”) has exceeded its pre-listing forecasts to post strong maiden results for the year to February 2008. S&B listed on the JSE in August 2007. Robust organic growth and three successful acquisitions saw the group record net profit of R144,4 million, 24,6% higher than pre-listing
forecasts. Post year-end S&B is poised to enter the top tier of the construction sector with its proposed acquisition of Stocks Limited. This will significantly increase the group’s scale as well as boost top and bottom line growth and market capitalisation.

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Stefanutti & Bressan's R1,1 billion merger with Stocks forms construction powerhouse  - Tuesday, March 11, 2008
JSE civil engineering and construction group Stefanutti & Bressan (“S&B”) today announced a merger with international construction group Stocks Limited (“Stocks”), to be effected through the acquisition of Stocks for R1,1 billion. The merger will position the enlarged group as a major competitor in the first-tier construction sector with almost R5 billion turnover and 8 000 employees. Stocks is established as one of South Africa’s leading construction businesses for 63 years with a footprint across Southern Africa and in the Gulf.
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Stefanutti & Bressan post strong maiden interims  - Sunday, November 11, 2007
JSE civil engineering and construction group Stefanutti & Bressan (“S&B”), which debuted on the JSE main board in August 2007, has seen solid growth for the six months to August 2007. Capitalising on ongoing infrastructure expansion the group achieved interim revenue of R1,1 billion, up 26% on this time last year, and earnings growth of 69% to R57,3 million setting S&B on track to meet its full year forecasts.
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Full Order Book For JSE Debutante Sefanutti & Bressan  - Thursday, August 02, 2007
With 91%, or R2,3 billion, of the order book for the year to February 2008 secured, civil engineering and building construction group Stefanutti & Bressan (“S&B”) is well-placed to deliver on revenue expectations of R2,5 billion. S&B successfully listed this morning on the JSE’s main board opening strongly above R15, a premium to the R12 a share in the pre-listing private placement. The market capitalisation on listing was R2,3 billion
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Stefanutti & Bressan Seizes Growth Opportunities with JSE Listing  - Monday, July 16, 2007
With turnover of R1,7 billion forecast to rise to R2,5 billion in 2008, civil engineering and building construction group Stefanutti & Bressan (“S&B”) will be positioned amongst the larger players on the JSE’s main board when it lists on 3 August 2007.
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