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BRIEF-Murray & Roberts Says Clough Has Been Awarded AU$400 Mln Contract

Published 11/01/2021, 06:43 pm
Updated 11/01/2021, 06:48 pm
© Reuters.

Jan 11 (Reuters) - Murray & Roberts Holdings Ltd MURJ.J :

* MURRAY & ROBERTS HOLDINGS LTD - MURRAY & ROBERTS IS PLEASED TO ANNOUNCE THAT CLOUGH HAS BEEN AWARDED AN APPROXIMATE AU$400 MILLION CONTRACT

* MURRAY & ROBERTS HOLDINGS LTD - PROJECT IS SET TO COMMENCE DURING Q1 OF 2021 CALENDAR YEAR

* MURRAY & ROBERTS HOLDINGS LTD - CLOUGH AWARDED ENGINEERING, PROCUREMENT AND CONSTRUCTION SCOPE ON WAITSIA STAGE 2 PROJECT IN WESTERN AUSTRALIA

* MURRAY & ROBERTS HOLDINGS LTD - GROUP IS, HOWEVER, WELL POSITIONED TO OPERATE THROUGH SHORT TO MEDIUM TERM UNCERTAINTY

* MURRAY & ROBERTS HOLDINGS LTD - FINANCIAL RESULTS FOR FY2021 H2 IS EXPECTED TO SHOW AN IMPROVEMENT WHEN COMPARED TO THAT OF FIRST HALF

* MURRAY & ROBERTS HOLDINGS LTD - BOARD BELIEVES GROUP WILL RETURN TO PROFITABILITY IN FY2021 AND CONTINUE ITS PATH TO EARNINGS GROWTH BEYOND

* MURRAY & ROBERTS HOLDINGS LTD - RECENTLY AWARDED NEW PROJECTS ARE EXPECTED TO START CONTRIBUTING TOWARDS EARNINGS DURING FY2021 H2

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