M&R expects higher interim earnings
Construction group Murray & Roberts expected to report an improvement in its interim financial results as it closed off the six-month period to December.
The company said diluted headline earnings a share were expected to be between 64c and 74c during the first half of the 2013 financial year, compared with the 190c diluted headline loss a share recorded in the corresponding period in the prior year.
Murray & Roberts also expected diluted earnings a share of between 59c and 69c during the period under review – a turnaround from the diluted loss of 161c during the six months to December 2011.
The group would publish its interim financial results on February 28.
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