Investor Relations

Performance highlights

Waco International is an established leader in forming, shoring and scaffolding, portable sanitation and suspended access in South Africa. The Group is a leader in access scaffolding in Australasia. It has the second-largest relocatable and modular building hire fleet in South Africa. It has a growing share of South Africa’s integrated hygiene services and elevated work platforms markets. The board and senior management view the size and quality of the Group’s hire fleet and scale of its branch network as competitive advantages.

Track record of growth

Waco International’s hire fleet, its scale, diversity, technology and extensive geographic footprint, offers a strong competitive advantage to service the needs of its customers.

Revenue of R4.4 billion generated in 2021 with a 1% compound annual growth rate (CAGR) in revenue

R1.3 billion net fleet investment1

R550 million spent on bolt-on acquisitions not included in capex1

See cash and liquidity considerations in response to the impact of the COVID-19 pandemic

R1.1 billion from the sale of UK operations in the 2021 financial year

1 - 2017 to 2021

Track record of transformation

Waco International supports the South African Government’s Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice by ensuring the proactive involvement of Previously Disadvantaged Groups in current and future economic activities.

Level 2 broad-based black economic empowerment contributor status

37% broad-based black economic empowerment contributor status

46.49% black ownership

16.67% black female ownership

The gender split of our workforce is 66% male and 34% female (2017 - 2021)

The Waco Africa Cadet Scheme provides high potential individuals from previously disadvantaged backgrounds with core business skills

Waco sponsors university students in civil engineering, mechanics and logistics

Track record of safety

Waco International aims to achieve zero harm in the work environments under its control and supervision. The Group instils a values-based, common sense approach to safety to achieve its goal of zero harm.

Committed to the establishment of measurable objectives and targets to ensure continued improvement aimed at the elimination of work-related injury and illness

Better than target safety performance of 0.5

ISO 45001 and AS/NZS 4801:2001 accredited