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MURRAY & ROBERTS HOLDINGS LIMITED - Trading Statement

Release Date: 26/08/2013 15:11
Code(s): MUR     PDF:  
Wrap Text
Trading Statement

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 “Company” or “Group”)

TRADING STATEMENT

In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a
company is required to publish a trading statement as soon as it is satisfied, that a
reasonable degree of certainty exists, that the financial results for the next period to be
reported on are likely to vary by at least 20% from the previous corresponding period.

Accordingly, shareholders of the Company are advised that Murray & Roberts’ annual
financial results for the year ended 30 June 2013 are expected to show an improvement
of greater than 20% when compared to the previous corresponding period. Diluted
headline profit per share for the year ended 30 June 2013 is expected to be between
176c and 196c (June 2012: 246c diluted headline loss per share). Further, diluted profit
per share for the year ended 30 June 2013 is expected to be between 235c and 255c
(June 2012: 214c diluted loss per share). The June 2013 results have been restated for
discontinued operations in accordance with International Financial Reporting Standards.

The expected diluted profit per share for the year ended 30 June 2013 above includes
54c in respect of the after tax and non-controlling interests, profit on disposal of the
Group's shareholding in Forge Group Limited on 26 March 2013. This profit on disposal
is not included in the calculation of the expected diluted headline profit per share for the
year ended 30 June 2013.

Shareholders are advised that the financial information on which this trading statement is
based has not been reviewed and reported on by the Group’s external auditors.

Murray & Roberts will publish its annual results for the 12 months to 30 June 2013 on
Wednesday, 28 August 2013 after 17:00 on the Stock Exchange News Service (“SENS”)
and will be hosting investor presentations in Johannesburg (29 August 2013) and Cape
Town (02 September 2013).

Shareholders are advised that Clough Limited, a company in which Murray & Roberts
currently has a 61.6% shareholding, released its financial results to stakeholders on 21
August 2013. The Clough Limited full year financial results are published on its website:
www.clough.com.au.

Bedfordview
26 August 2013
Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 26/08/2013 03:11:00 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
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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,
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