Mahlape Sello
Chairman's Statement
AS THE BUSINESS PLATFORMS IMPLEMENT
THEIR PLANS, THE BOARD IS OF THE VIEW THAT THE GROUP'S FINANCIAL PERFORMANCE MAY STEADILY IMPROVE NOTWITHSTANDING AN OPERATING CONTEXT THAT ON BALANCE WILL REMAIN CHALLENGING. |
HENRY LAAS AND DANIËL GROBLER
GROUP CHIEF
EXECUTIVE'S & FINANCIAL DIRECTOR'S REPORT
MURRAY & ROBERTS IS TODAY A
MULTINATIONAL ENGINEERING AND CONSTRUCTION GROUP, WITH A FOCUSED PORTFOLIO OF BUSINESSES PROVIDING SERVICES PRIMARILY IN THE NATURAL RESOURCES MARKET SECTORS OF METALS & MINERALS, OIL & GAS AND POWER & WATER. |
The Group's Purpose and Vision, which connect our capabilities to fixed capital formation and human development, and our Values and principle of Engineered Excellence, provide the primary point of reference for what we aspire to. Ultimately, they determine the Group's reputation and the quality of our relationships with stakeholders, and therefore our success in advancing our strategy.
The Group's strategic focus is firmly on primarily delivering services in the global natural resources market sectors of metal & minerals (underground mining), oil & gas, and power & water. Although it exposes the Group to cyclical dynamics, our strategy was informed by the positive long-term demand trend for natural resources including global population growth, urbanisation and wealth creation.