Engineering company Murray & Roberts has flagged a return to group profit for its half year to end-June, boosted by a record order book and a strong project pipeline.

Headline earnings per share (Heps) are expected to surge to as much as 32c for the year to end-June, from a loss of 14c previously, the company said in a trading update. Heps from its continuing operations are expected to rise to as much as 61c from earnings of 16c previously...

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