M&R hopes record order book brings profitability
The group has clinched large power and hydro-electric projects in Australia
03 March 2021 - 19:32
Specialist engineering group Murray & Roberts (M&R) saw its order book achieve a record high of R60.5bn in the six months to December, after it won tenders for large projects in Australia’s energy sector.
The company also clinched near orders of R19.9bn, and CEO Henry Laas said in an interview with Business Day that this meant M&R was well positioned for a return to profitability in the full financial year to June 2021. ..
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