Tag: Henry Laas
With engineering and construction services severely impacted by COVID-19, Murray & Roberts earnings have taken a hit. R622 million – that’s the estimated impact that COVID-19 has had on the company. Murray & Roberts CEO, Henry Laas joins CNBC Africa for more.
Murray & Roberts released its interim results and the company's operating profit from continuing operations increased by 15 per cent to R419 million. The engineering and construction company's diluted continuing headline earnings per share decreased by 4 per cent to 49 cents. Murray & Roberts CEO, Henry Laas joins CNBC Africa for more.
Murray & Roberts is reporting a solid set of results for the year end-June. Attributable earnings are up 26 per cent to R337 million while Diluted continuing HEPS dropped by 10 per cent to 101 cents. Joining CNBC Africa for more is Henry Laas, CEO, Murray & Roberts.
In its annual results, Murray and Roberts says good results were reported by the underground mining platform, the largest contributor to group earnings in the year. The oil & gas platform maintained earnings and secured significant projects in complementary markets in Australia and Mongolia, thereby increasing its order book to R6,4 billion. Joining CNBC Africa to unpack these numbers further is Henry Laas, CEO, Murray and Roberts.
Why Murray and Roberts thinks Aton’s offer is too cheap