(Incorporated in the Republic of South Africa)
Registration number: 1948/029826/06
JSE Share Code: MUR
ISIN: ZAE000073441
(“Murray & Roberts” or “Group” or “Company”)
SALIENT FEATURES
Revenue
R29,9 billion
(FY2021: R21,9 billion)
EBIT
R705 million
(FY2021: R540 million)
2022
Annual Results
for the year ended 30 June 2022
STRONG GROWTH IN REVENUE AND EARNINGS FROM CONTINUING OPERATIONS
ORDER BOOK, NEAR ORDERS AND PROJECT PIPELINE
Order book Near orders The Group’s strong order book of R59,5 billion (FY2021: R60,7 billion) and its significant near orders of R60,4 billion
R59,5 billion R60,4 billion (FY2021: R11,1 billion), includes high-profile, multi-year projects.
Pipeline
(FY2021: R60,7 billion) (FY2021: R11,1 billion)
Order Near
R billions book orders Category 1 Category 2 Category 3
STRONG ORDER BOOK AND SIGNIFICANT NEAR ORDERS
Energy, Resources & Infrastructure 37,2 43,6 8,3 39,1 697,2
Mining 21,9 14,9 21,4 48,1 35,0
Power, Industrial & Water 0,4 1,9 9,1 44,0 13,3
30 June 2022 59,5 60,4 38,8 131,2 745,5
31 December 2021 61,1 12,8 74,3 92,3 843,8
FINANCIAL RESULTS 30 June 2021 60,7 11,1 84,1 94,7 583,9
REPORT OF THE INDEPENDENT AUDITORS
R135 MILLION
Attributable earnings
The external auditors, PricewaterhouseCoopers Inc., have issued their opinion on the consolidated financial
statements for the year ended 30 June 2022. They have issued an unmodified audit opinion, which includes key
(FY2021: R180 million loss)
audit matters, on the consolidated financial statements. A copy of the auditor’s reports, together with a copy of
audited consolidated financial statements are available for inspection at the Company’s registered office
and at the following link: http://www.murrob.com/inv-annual-results.asp
58 CENTS
Diluted continuing headline
earnings per share
(FY2021: 16 cents earnings per share) IMPORTANT INFORMATION PROSPECTS STATEMENT
This short-form announcement is the responsibility of the directors
The Group’s strategic efforts over the past
of the Company and has not been reviewed or audited by the
Group’s auditors. The information disclosed is only a summary of five years are bearing fruit as demonstrated
61 CENTS
Diluted continuing earnings per
share
the full announcement and does not contain full or complete details.
Any investment decisions should be based on the consideration of
the full annual results announcement (“results”). Murray & Roberts’
by its strong and consistent order book. Its
order book, near orders and project
pipeline underpin our expectation that the
(FY2021: 18 cents earnings per share) results were released on SENS on 31 August 2022 and are Group will continue its multi-year earnings
available on the Company’s website www.murrob.com and growth trajectory. In the context of the
https://senspdf.jse.co.za/documents/2022/jse/isse/mur/FY22ARes.pdf current commercial environment, the
Electronic copies of the results announcement will be emailed to Group’s operating margin is expected to
R1,1 BILLION
Net debt stakeholders upon request from the Company’s investor relations
department or our sponsor at jsesponsor@standardbank.co.za,
during normal business hours. The investor relations department
improve as from FY2024.
Any forward-looking information contained
(FY2021: R0,7 billion cash, net of debt) can be contacted at ed.jardim@murrob.com. in this announcement has not been
reviewed and reported on by the Group’s
Registered office: Douglas Roberts Centre, 22 Skeen Boulevard, external auditors.
Bedfordview, 2007 PO Box 1000, Bedfordview, 2008
R13 PER SHARE
Net asset value per share Directors: SP Kana* (Chairman) HJ Laas (Managing & Chief Executive)
DF Grobler JA Boggenpoel* R Havenstein*
NB Langa-Royds* AK Maditsi* B Mawasha* A Muller* DC Radley* CD
On behalf of the directors:
Suresh Kana
(FY2021: R11 per share) Raphiri* Chairman of the Board
*Independent non-executive
Henry Laas
Secretary: L Kok
Group Chief Executive
Nil The Board has resolved not to
declare a dividend
Registrar: JSE Investor Services Proprietary Limited,
13th Floor, Rennie House, 19 Ameshoff Street, Braamfontein, 2001.
PO Box 4844, Johannesburg, 2000
Daniël Grobler
Group Financial Director
(FY2021: Nil)
Sponsor: The Standard Bank of South Africa Limited Bedfordview
31 August 2022
www.murrob.com