Financial results
FY2020:
R352 million loss
Attributable loss
FY2020:
97 cents loss
Diluted continuing earnings per share
FY2020:
R1,5 billion loss
Unrestricted cash
FY2020:
NIL
The board has resolved not to declare a dividend
Commentary
The Group has been reshaped into a multinational engineering and construction group, targeting the natural resources, industrial, energy, water and specialised infrastructure sectors which present the best opportunities for growth, diversification and differentiation for its three business platforms.
The Group’s scope includes international market sectors with robust fixed capital investment fundamentals. These market sectors are expected to benefit from dedicated and extensive stimulus earmarked for a post-pandemic infrastructure-led economic recovery, which will be targeted to sustainably meet the needs of a growing and urbanising global population.