Robust looks back at the gains of 2002, and
forward to the aspirations for 2003.
In 2002:
- Murray & Roberts celebrated its 100th
year as a leading South African business and the second year of the
Rebuilding Murray & Roberts strategy.
- For the second year running, Murray &
Roberts exceeded the financial performance targets set by the Rebuilding
strategy. Earnings doubled, operating cash flow was strong, operating
margin improved substantially, the group achieved a 22% return on
shareholders’ funds and payment of a dividend was resumed.
- Shareholder value soared as the share
gained further ground.
- The cultural transformation underway at
Murray & Roberts was extended further into the group with the process of
leadership mentoring and executive coaching. Management and
organisational changes were instituted to release the deeper potential
of the group.
- Sponsorship of the successful 2002 World
Summit on Sustainable Development, support for NEPAD conferences and a
new outdoor advertising campaign powered the Murray & Roberts brand.
- Murray & Roberts, in partnership with
ICC, won the 2002 Business Day award for the best corporate website.
- Murray & Roberts companies made
significant advances in health, safety and environmental management.
Three operations received the NOSA Five Star award for outstanding
achievement in occupational, health and environmental risk management,
while a further four operations received the NOSA Four Star grading for
health and safety systems. Two operations achieved ISO 14001
certification, an internationally recognised standard for the
implementation of an environmental management system.
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