Murray & Roberts expects hike in earnings

20 February 2014

JSE-listed Murray & Roberts (M&R) on Wednesday said it expected its financial results for the six months ended December 31 to yield an improvement of greater than 20% year-on-year, Engineering News reports.

The construction major expected to deliver diluted headline earnings per share (HEPS) of between 81c and 91c for the six-month period, as opposed to the 69c achieved during the prior corresponding period.

Diluted HEPS from continuing operations were expected to be between 58c and 66c, while diluted earnings per share for the period were estimated at between 170c and 180c.

M&R intended to publish its interim results on February 27.
By: Leandi Kolver

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