A South African construction company that still makes a profit is a rare sight these days, yet Wilson Bailey Holmes-Ovcon (WBHO) this financial year yet again managed to buck the depressing trend of failing domestic construction companies, owing largely to gains made in geographies outside South Africa. The group on Tuesday reported a 10% increase in revenue for the year ended June 30, to R35-billion, driven by 18% growth in the Australian market.
