Murray & Roberts: Interim results set to improve

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Murray & Roberts reported yesterday that its results for the six months to December last year were expected to be more than 20 percent better than in the previous corresponding period. The company said diluted headline earnings a share for this period were expected to be between 81c and 91c compared with 69c in the previous comparable period, a gain of between 17 percent and 32 percent. Diluted headline earnings a share from continuing operations for the same period were expected to be between 58c and 66c compared with 44c previously. Diluted earnings a share for this period were expected to be between R1.70 and R1.80 compared with 64c previously. Murray & Roberts expects to publish its interim financial results on February 27. The shares lost 2.62 percent to close at R26.05 yesterday. – Roy Cokayne


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