Financials

Probuild enjoys a commanding financial position thanks to a committed but conservative approach to national growth with a focus on strengthening our economic capacity.

Over the five years to June 30, 2011, Probuild has grown by more than 20% each year, with a current turnover exceeding $750 million.

A major component of this growth strategy was the formation in 2001 of a strategic alliance with Wilson Bayly Holmes-Ovcon Ltd (WBHO), a major South African Building and Civil Engineering Contractor.

WBHO is one of South Africa’s largest construction companies and is listed on the Johannesburg Securities Exchange. The company was involved in the construction of three of the five new stadiums that were built in South Africa for the 2010 Soccer World Cup.

Probuild’s alliance with WBHO has contributed to substantially strengthening our financial capacity. Our net assets and performance guarantee facilities exceed $150 million, giving us the resources and security required to cater for the largest and most complex projects.