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MURRAY & ROBERTS HOLDINGS LIMITED - Voluntary trading statement for the six-month period to 31 December 2015

Release Date: 16/02/2016 11:00
Code(s): MUR     PDF:  
Wrap Text
Voluntary trading statement for the six-month period to 31 December 2015

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”)

VOLUNTARY TRADING STATEMENT FOR THE SIX-MONTH PERIOD TO 31 DECEMBER 2015

Murray & Roberts advises shareholders of the Company and interested stakeholders (“stakeholders”)
that its interim financial results for the six months to 31 December 2015 (“FY2016 H1”) are expected to
show an improvement when compared to the previous corresponding period, as illustrated in the table
below:

                                FY2015 H1          FY2016 H1                     FY2016 H1
                                    Actual       Expected range                Expected range
                                   (cents)            (%)                         (cents)
Continuing operations
Basic HEPS                              81          6%     19%                     86    96
Diluted HEPS                            79          6%     19%                     84    94

Continuing and
discontinued operations
Basic EPS                               89         -1%      10%                   88      98
Diluted EPS                             87         -1%      10%                   86      96


The expected improvement in the Company’s FY2016 H1 is primarily as a result of a strong performance
in the Underground Mining platform and profits from forex movements. Despite the FY2016 H1
improvement, stakeholders are referred to the Business Update released on the Stock Exchange News
Service of the JSE Limited (“SENS”) on 5 November 2015, where the Company stated that considering
the persisting weak global economy and difficult trading conditions, the Group expects a decline in
earnings for financial year 2016, when compared to financial year 2015.

The financial information on which this trading statement is based has not been reviewed and reported
on by the Group’s external auditors. This update is based on available information at the time of
publication.

DATE OF INTERIM FINANCIAL RESULTS & PRESENTATIONS

Murray & Roberts intends to publish its interim results for the six months to 31 December 2015 on
Wednesday, 24 February 2016 before 17:00 on SENS and will be hosting an investor presentation in
Johannesburg on Thursday, 25 February 2016 at 12:00 (CAT). Further to this presentation, the
Company will provide the following stakeholder services on Thursday, 25 February 2016 at 12:00 (CAT):
   
1. Presentation Live Call Access

       Interested stakeholders can contact Ed Jardim, Group Investor and Media Executive, for the link
       to pre-register for the call. Pre-registration is quick, convenient and gives stakeholders
       immediate access to the call.

       Live call pre-registration and playback details can be requested from ed.jardim@murrob.com.

   2. Presentation Live Webcast

       A live webcast will also be available on www.murrob.com, on the ‘Interim Results’ link on the
       home page.

Bedfordview
16 February 2016
Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 16/02/2016 11:00:00 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.

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