M&R warns of impact of Covid-19 on full-year earnings

JSE-listed engineering and construction services group Murray & Roberts (M&R) continues to experience the impact on its projects from measures to contain the spread of Covid-19. In South Africa, the group is impacted by the extended lockdown period to end-April, and in Australasia and the Americas, a general slowdown in the supply chain and modified work rosters are significantly impacting on project progress.