You’d be hard-pressed to explain the post-results bounce in the Murray & Roberts (M&R) share price, to a six-week high of R13.

Not only did revenue from continuing operations drop 7% for the year ended June, the company generated 10% less in the form of diluted headline earnings.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now