Murray & Roberts Holdings Limited (JSE:MUR) News - Trading statement for the six months ended 31 December 2021 MURRAY & ROBERTS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number 1948/029826/06 JSE Share Code: MUR ADR Code: MURZY ISIN: ZAE000073441 (“Murray & Roberts” or the “Group”) TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2021 The Group is expecting to report strong growth in revenue and earnings in the period under review. Over the next three years, the Group expects most of its revenue to be generated by its two international business platforms, being the Mining and the Energy, Resources & Infrastructure platforms. Both platforms have established credible positions in regions and sectors with sustainable growth prospects. The business impact of the COVID-19 pandemic and related restrictions has continued into FY2022, mainly in the Group’s Americas and Australasian operations. Areas of impact include the timing of new work awards, changes to project schedules, and disruption of supply chains. The Group, however, is well positioned to operate successfully through the uncertainty. The Group currently generates revenue from its order book of between R2,0 billion and R2,5 billion per month and is maintaining the order book value at record levels of about R60 billion, through the systematic addition of new project awards. The Group’s exposure to the natural resources, industrial, energy, water and infrastructure markets, and its strong order book from those markets, holds the potential for meaningful earnings growth in FY2022 and in the medium term. The Group expects to report FY2022 H1 results within the following ranges: Results from continuing and discontinued operations FY2022 H1 FY2022 H1 FY2021 H1 Expected Expected Actual range range cps loss % cps earnings HEADLINE EARNINGS/(LOSS) PER SHARE Basic >100 10 – 15 (28) Diluted >100 10 – 15 (28) EARNINGS/(LOSS) PER SHARE Basic >100 11 – 17 (42) Diluted >100 11 – 17 (42) Results from continuing operations FY2022 H1 FY2022 H1 FY2021 H1 Expected Expected Actual range range result % cps earnings cps loss HEADLINE EARNINGS/(LOSS) PER SHARE Basic >100 29.5 – 30.5 (8) Diluted >100 28.5 – 29.5 (8) EARNINGS/(LOSS) PER SHARE Basic >100 30 – 32 (13) Diluted >100 29 – 31 (13) PROSPECTS STATEMENT The Group’s economic future is global and diverse, with strong prospects for meaningful growth. Murray & Roberts is well positioned to enable and optimise the capital investments that corporations, governments, and institutions will need to undertake to support sustainable human development, as the world emerges from the pandemic. The Group’s order book reflects these pressing global development needs, as well as significant opportunities in international markets. PUBLICATION OF INTERIM FINANCIAL RESULTS Murray & Roberts intends to publish its interim financial results for the six months to 31 December 2021 on SENS on Wednesday, 2 March 2022 before 17:00 (CAT). The information contained in this announcement has not been reviewed and reported on by Murray & Roberts’ external auditors. Bedfordview 22 February 2022 Sponsor The Standard Bank of South Africa Limited Date: 22-02-2022 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.