Wearne Group of Companies

WG Wearne alerts shareholders of its acquisition prospects

Source:  Business Report WG Wearne alerts shareholders of its acquisition prospectsMarch 13, 2007 By Roy Cokayne Pretoria – WG Wearne, the AltX-listed supplier of ready-mixed concrete and aggregates, is on the acquisition trail again. The company yesterday advised shareholders to exercise caution in dealing in its shares because it had entered into negotiations that might […]

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WG WEARNE’S INTERIM RESULTS REFLECT ACCELERATED GROWTH

AltX -listed WG Wearne’s first interim results since listing have seen the supplier of ready mixed concrete and aggregates accelerate its growth for the six months toAugust 2006 by more than 50% across all key performance indicators. Capitalising on the ongoing construction boom the group drove revenue 72% higher than the same time last year, […]

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BUOYANT CONSTRUCTION INDUSTRY SEES WG WEARNE MAIDEN ANNUAL RESULTS AHEAD OF FORECAST

Powered by a buoyant construction industry driving demand for ready mixed concrete and aggregates, AltX-debutante WG Wearne has posted strong maiden results for the year to February 2006 ahead of pre-listing forecasts. Revenue of R196,6 million was up 12% over the previous year’s R175,4 million, while net profit increased 52,6% to R15,7 million. In line […]

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Trading update

W G Wearne Limited(Incorporated in the Republic of South Africa)(Registration number: 1994/005983/06)(JSE code: WEA ISIN: ZAE000078002)(“Wearne” or “the company”) Trading update In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial […]

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WG WEARNE THE FIRST CONSTRUCTION LISTING ON ALTX

96 year-old WG Wearne, SA’s oldest privately-owned supplier of ready mixed concrete and aggregates, earlier today founded AltX’s new construction sector when it was the first in an expected stream of construction companies to list on the exchange. The share debuted strongly at R1,91, almost double the R1 value at which shares had been priced […]

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SUCCESSFUL AWARD OF NEW CONTRACTS TO WG WEARNE LIMITED (“Wearne”)

W G Wearne Limited(Incorporated in the Republic of South Africa)(Registration number: 1994/005983/06)(JSE code: WEA ISIN: ZAE000078002)(“Wearne” or “the company”) SUCCESSFUL AWARD OF NEW CONTRACTS TO WG WEARNE LIMITED (“Wearne”) The directors of Wearne are pleased to announce that new contracts of approximately R68 million were recently awarded to Wearne. Both the new contracts will commence […]

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WG WEARNE LIMITED AND THE JSE LIMITED (ALTX)

JOINT RELEASE  WG WEARNE LIMITED AND THE JSE LIMITED (ALTX) ALTX CONSTRUCTION NEWCOMER WG WEARNE STAKES CLAIM TO R300 BILLION INFRASTRUCTURE SPEND As South Africa’s oldest privately-owned supplier of ready mixed concrete and aggregates such as sand and stone, WG Wearne Limited is well positioned to capitalise on the R300 billion estimated medium-term expenditure on […]

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