Stefanutti Stocks Holdings Limited. JSE: SSK

Stefstock shares

Background of Stefanutti Stocks

  • Stefanutti Stocks is a construction company operating throughout South Africa, the rest of sub-Saharan Africa and the Middle East, specialising in a vast variety of disciplines including all forms of building works, concrete structures, piling and geotechnical services, bulk pipelines, roads and earthworks, open pit contract mining, marine construction and mine disposal facilities. Operations are split into the four business units of Building; Mechanical & Electrical; Roads, Pipelines & Mining Services and Structures.

  • The group has a long history in the construction sector and today boasts over 12 000 employees. Stefanutti has a Level 3 B-BBEE rating and a Grade 9 rating from the South African Construction Industry Development Board, allowing for unlimited tender capability.

  • Stefanutti shares are available to buy on the Johannesburg Stock Exchange (JSE), with the group having a market cap of R895 million.

Stefanutti Stocks Shares Growth Driver

  • The live online stocks chart shows that Stefanutti share price has been in a steady decline on the JSE since 2011, reflecting constrained performance due to the tough conditions within South Africa’s construction trade. International markets have also remained depressed. This prompted the group to buy into a concerted restructuring process and strategic management intervention to stabilise and streamline the group. In the face of a shortage of large construction projects, the group has maintained the strength of its order book by securing medium-sized projects of between R50 million and R300 million, especially in the transport and oil and gas sectors.

  • Financial data in the group’s 2016 integrated report indicated that operating profit increased to R392 million from R335 million in 2015, although headline earnings were down by R40 million to R157 million. The Roads, Pipelines and MiningServices division performed to expectations, securing a steady flow of medium-sized projects. In light of hampered conditions in South Africa, the division will look to spend time and capital in greater sub-Saharan Africa.

  • The Mechanical and Electrical division has delivered continually improving performance, particularly with regards to securing projects in oil and gas. The mechanical division is under pressure due to the lack of work in the traditional mining infrastructure environment, but has identified opportunities to buy into existing mining plants, operating power stations and crossborder prospects.

  • Meanhwhile, the Structures Division has felt the effects of the reduction in infrastructure projects from both the government and private sector, recording reduced revenue and operating profits. The Building Division was subject to streamlining processes which allowed for more profitable performance.

Stefanutti Stocks Group Investor Tip

  • As with most construction companies, Stefanutti share price has struggled due to the tough market conditions, but the company has still managed to chart a profitable path. Whilst construction stocks are understandably not a popular buy, Stefanutti is a large and diversified company which should be able to withstand the current challenges. Stefanutti shares are however forecast to only start strengthening significantly in the long-term.

Stefanutti Stocks Major Shareholders

Sanlam Investment Management, Coronation Fund Managers, PSG Asset Management, Regarding Capital Management, Government Employees Pension Fund.

  • Sector

    Industrials

  • Industry

    Engineering & Construction Svcs

  • Sub industry

    Non-Residential Bldg Const

How to buy Stefanutti Stocks Group Shares

  • Stefanutti Stocks : How to buy Stefanutti Stocks Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Stefanutti Stocks Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Stefanutti Stocks Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Stefanutti Stocks Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Stefanutti Stocks Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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