WBHO earnings rebound after Australia exit
Construction company says all divisions reported healthy growth in their order books, which together rose by almost a fifth
28 February 2023 - 13:07
Wilson Bayly Holmes-Ovcon (WBHO) on Tuesday reported growth in the order books of all its divisions for the six months to end-December after completing its exit from the troubled Australian market.
The construction company said revenue from continuing operations rose 15% to R10bn, while profit as measured by headline earnings per share — which strips out impairments and one-off items — rebounded to 630c from a headline loss of 1,613c per share a year earlier...
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