Saferoads Holdings provides equipment such as barriers, guideposts and lighting, as well as traffic control devices such as signs, line markers and cameras. Given the ongoing investment required to maintain roads and build new highways, Saferoads should record robust medium-term earnings growth.

In the first half of 2009-10, Saferoads recorded a net profit of approximately $2.5 million, representing earnings per share of 9.8¢. The company’s profit was more than double that achieved in the previous corresponding period. However, Saferoads operates in an industry where the timing of projects is crucial, and this can account for a lumpy earnings pattern.