Commentary

The global economic crisis has distressed most fixed investment markets over the past six months and has challenged the Group’s performance in the year. But Murray & Roberts is a resilient organisation and its diverse business model has given strength to its performance through this period.

The Directors are pleased to report diluted headline earnings of 675 cents per share, up 23% on the previous year and above the top-end of recent guidance offered to the market. In a year of two very different halves, revenue growth in the second half was limited to 12% compared to the previous equivalent period and down from first half growth of 44% as previously reported.

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