A TURBULENT END TO A DECADE OF GREAT CHANGE

Murray & Roberts ends this first decade of the 21st Century significantly different and in better condition than through the 1990’s, perhaps in its 108 year history to date. However, it is stormy economic times in the world and the Group is engaged with a number of significant projects that are experiencing a variety of difficulties associated with such times.
Brian Bruce, Group Chief Executive

Commentary

In finalising its Statement of Financial Performance for the past year, the Group has given careful consideration to all factors influencing its current and future performance prospects. This includes its treatment of and response to a number of challenges associated with its major projects and ongoing volatility in some of its markets.

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Disclaimer

We may make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates of amounts not yet determinable. These are forward-looking statements as defi ned in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “believe”, “anticipate”, “expect”, “intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specifi c, and there are risks that predictions, forecasts, projections and other forward-looking statements will not be achieved.

If one or more of these risks materialise, or should underlying assumptions prove incorrect, actual results may be very different from those anticipated. The factors that could cause our actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements are discussed in each year’s annual report. Forward-looking statements apply only as of the date on which they are made, and we do not undertake other than in terms of the Listings Requirements of the JSE Limited, to update or revise any statement, whether as a result of new information, future events or otherwise. All profi t forecasts published in this report are unaudited. Investors are cautioned not to place undue reliance on any forward-looking statements contained herein.