Enhanced Investments - Financial Portal

Trading Statement

Published: 2022-08-25 12:34:40 ET

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ISIN: ZAE000073441
(“Murray & Roberts” or the “Group”)

TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2022

Over several years of market instability, Murray & Roberts has demonstrated an ability to
deliver on its strategic objectives. The Group’s multi-year, record-high order book and
strong project pipeline speaks to the extensive transformation that Murray & Roberts has
undergone to become a multinational engineering and contracting group, with business
platforms that are well positioned as specialist contractors.

Murray & Roberts will be reporting strong growth in revenue and earnings for the year to 30
June 2022, notwithstanding the continued impact on the business from the pandemic and
the war in Ukraine. Areas of impact include disruption in supply chains, changes to project
schedules and associated deferral of milestone payments, escalating inflation, and
therefore, difficult commercial environments.

The Group has a strong order book of R59,5 billion (FY2021: R60,7 billion) and significant
near orders of R60,4 billion (FY2021: R11,1 billion).

The Group expects to report FY2022 results within the following ranges:

Results from continuing and discontinued operations

                                          FY2022            FY2022             FY2021
                                         Expected          Expected             Actual
                                           range             range             cps loss
                                             %            cps earnings
 HEADLINE EARNINGS/(LOSS)
 PER SHARE
 Basic                                    >100%              30 - 32              (14)
 Diluted                                  >100%              30 - 32              (14)
 EARNINGS/(LOSS) PER SHARE
 Basic                                    >100%              33 - 35              (46)
 Diluted                                  >100%              32 - 34              (45)
Results from continuing operations

                                           FY2022             FY2022             FY2021
                                          Expected           Expected             Actual
                                            range              range              result
                                              %             cps earnings       cps earnings
 HEADLINE EARNINGS PER
 SHARE
 Basic                                     >100%              59 - 61               16
 Diluted                                   >100%              57 - 59               16
 EARNINGS PER SHARE
 Basic                                     >100%              61 - 63               19
 Diluted                                   >100%              60 - 62               18

PUBLICATION OF ANNUAL FINANCIAL RESULTS

Murray & Roberts intends to publish its annual financial results for the year to 30 June 2022
on SENS on Wednesday, 31 August 2022, before 17:00 (CAT).

The information contained in this announcement has not been reviewed and reported on by
Murray & Roberts’ external auditors.

Bedfordview

25 August 2022

Sponsor
The Standard Bank of South Africa Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.