News

M&R expects higher H1 earnings

25 February 2015

South African construction group Murray & Roberts (M&R) will publish its interim financial results on February 25. The company expects its results for the six months ended December 31, to show an improvement compared with the first half of the prior financial year.

Headline earnings per share (HEPS) from continuing operations would be between 76c and 86c – between 31% and 48% higher than the 58-c HEPS for the six months to December 2013.

HEPS from continuing and discontinued operations would be between 83c and 93c, compared with 88c in the prior comparable period.

Earnings per share (EPS) from continuing operations were expected to be between 77c and 87c for the six months to December, a 31% to 47% on the prior comparable period.

EPS from continuing and discontinued operations would be between 47% and 53% lower, at between 84c and 94c, than the EPS of 178c for the six months to December 2013.

 

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