MURRAY & ROBERTS HOLDINGS LIMITED - Trading Statement for the year ended 30 June 2018

Release Date: 15/08/2018 14:11
Code(s): MUR
 
Wrap Text
Trading Statement for the year ended 30 June 2018

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 FOR THE YEAR ENDED 30 JUNE 2018

In accordance with paragraph 3.4(b) of the Listings Requirements of the 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.

Accordingly, Murray & Roberts advises stakeholders that its annual financial results for the year to 30 June
2018, are expected to show an improvement of at least 20% in diluted and basic earnings per share
(“EPS”) and headline earnings per share (“HEPS”) respectively, when compared to the previous
corresponding period to 30 June 2017.

Stakeholders are advised that a further trading statement will be released on the Stock Exchange News
Service of the JSE Limited (“SENS”), as soon as there is a reasonable degree of certainty as to the likely
range by which the Company’s EPS and HEPS are expected to increase.

STATEMENT OF FINANCIAL POSITION

As at 30 June 2018, the Group expects to report cash, net of debt, of not less than R1,9 billion (30 June
2017: R1,8 billion).

PUBLICATION OF ANNUAL FINANCIAL RESULTS

Murray & Roberts intends to publish its annual financial results for the year ended 30 June 2018 on SENS
on Wednesday, 29 August 2018 before 17:00 (CAT).

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.

RESPONSIBILITY STATEMENT

The board of directors of the Company accepts responsibility for the information contained in this
announcement and certifies that, to the best of their knowledge and belief, the information contained in
this announcement is true and nothing has been omitted which is likely to affect the importance of the
information.

Bedfordview
15 August 2018
Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 15/08/2018 02:11:00 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
 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.

Email this JSE Sens Item to a Friend.

Share This Story