Press Releases

Shaft Sinkers, which listed on the London Stock Exchange late last year, is performing strongly, with its revenues and pre-tax profit in the year to 31 December 2010 - announced in mid-April - up by 24% and 35% respectively over 2009 in pound sterling terms (a result assisted by the appreciation of the rand against sterling). According to Rob Schroder, COO of Shaft Sinkers Holdings, the group entered 2011 with a record order book of GBP488 million in place and is continuing to do well. He also says the group is continuing to pursue its strategy of geographical diversification.