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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
(“JSE”), 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.
Shareholders of the Company are advised that Murray & Roberts’ interim financial results
for the six months to 31 December 2014 are expected to show an improvement when
compared to the previous corresponding period.
Results from continuing operations:
Headline
Earnings per Earnings per
share share
Diluted (cents): continuing continuing
Actual 6 Months to 31 December 2013 62 63
- IFRS adjustment* -5 -5
Restated 6 Months to 31 December 2013 57 58
Range 6 Months to 31 December 2014 Cents % Cents %
- low 74 30% 75 29%
- high 84 47% 85 47%
Headline
Earnings per Earnings per
share share
Basic (cents): continuing continuing
Actual 6 Months to 31 December 2013 63 64
- IFRS adjustment* -5 -6
Restated 6 Months to 31 December 2013 58 59
Range 6 Months to 31 December 2014 Cents % Cents %
- low 76 31% 77 31%
- high 86 48% 87 47%
*The IFRS adjustment relates to the impact of restating Tolcon from continuing to discontinued operations
during the period under review.
Results from continuing and discontinued operations:
Headline Earnings per
Earnings per share
share continuing continuing &
Diluted (cents): & discontinued discontinued
Actual 6 Months to 31 December 2013 86 175
Range 6 Months to 31 December 2014 Cents % Cents %
- low 80 -7% 82 -53%
- high 90 5% 92 -47%
Headline Earnings per
Earnings per share
share continuing continuing &
Basic (cents): & discontinued discontinued
Actual 6 Months to 31 December 2013 88 178
Range 6 Months to 31 December 2014 Cents % Cents %
- low 83 -6% 84 -53%
- high 93 6% 94 -47%
The prior year earnings from continuing and discontinued operations include an after tax
profit on sale of discontinued operations of R388 million (94 cents diluted and 96 cents
basic). The prior year earnings from continuing and discontinued operations include R98
million (24 cents diluted and basic) trading profit from discontinued operations. The prior
year headline earnings from continuing and discontinued operations include R122 million
(29 cents diluted and 30 cents basic) trading profit from discontinued operations.
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.
DATE OF INTERIM FINANCIAL RESULTS & PRESENTATIONS
Murray & Roberts intends to publish its interim financial results for the six months to
31 December 2014 on Wednesday, 25 February 2015 at or around 17:00 on the Stock
Exchange News Service of the JSE and will be hosting an investor presentation in
Johannesburg on Thursday, 26 February 2015. In addition to the physical presentation,
the Company will provide the following stakeholder services on Thursday, 26 February
2015 at 12:00 (SA Time):
1. Live Call Access
Live call access will be available on the following details:
South Africa (Toll Free) 0 800 200 648
UK (Toll-Free) 0808 162 4061
USA and Canada (Toll-Free) 1 855 481 5362
Australia (Toll-Free) 1 800 350 100
Other Countries - International +27 10 201 6800
Playback details can be requested from ed.jardim@murrob.com
2. Live Webcast
A live webcast will also be available on www.murrob.com, on the ‘Interim Results’
link on the home page.
Bedfordview
23 February 2015
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 23/02/2015 05:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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