M&R says order book remains healthy, despite delayed projects

JSE-listed engineering and construction group Murray & Roberts (M&R) says few of its projects have continued with little or no disruption as a result of Covid-19-related suspensions and restrictions.

As a result, the company is reasonably certain that its earnings per share (EPS) for the financial year ended June 30 will decrease by more than 20% year-on-year, compared with the EPS of 83c reported for the prior year ended June 30, 2019.