Could increase order book substantially
Construction and engineering group Murray & Roberts Holdings (MUR) have reported headline earnings per share unchanged at 71 cents for the six months ended December.
Construction group Concor reported a marginal drop in its half-year earnings and expects profits to be marginally down for the full year.
CONSTRUCTION stocks were hit hard on Monday after Aveng warned its profit would fall by half. But the stampede lost momentum fairly quickly, and most of the shares in the sector, apart from Aveng, had recovered lost ground by the close of trade.
wo of South Africa's largest construction and engineering companies, Murray & Roberts (M&R) and Aveng, have signed an accord to stamp out corruption in the industry alongside some of the world's biggest names .
ENGINEERING and construction group Murray & Roberts announced yesterday it was negotiating the purchase of listed local mining contracting group Cementation, as well as Cementation's businesses in Australia and Canada.