Revenue from continuing operations R13,5 billion (FY2023: R12,5 billion)
Earnings before interest and tax from continuing operations R170 million (FY2023: R91 million)
Attributable loss of R138 million (FY2023: R3 181 million loss, after losing control of MRPL and its subsidiaries in Australia)
Diluted loss per share from continuing operations 34 cents (FY2023: 789 cents loss per share)
Reduced diluted continuing headline loss per share 24 cents (FY2023: 71 cents loss)
Net cash, including advance payments and working capital improvements R0,4 billion (FY2023: R0,3 billion net debt)
Net asset value per share R3,50 (FY2023: R4,07)
Dividend Nil (FY2023: Nil) The Board has resolved to not declare a dividend
Order book, near orders and project pipeline
The Group reported an order book of R17,2 billion (FY2023: R15,4 billion). The mining businesses represent R16,7 billion (FY2023: R13,6 billion) of the Group's total order book, and OptiPower R0,5 billion (FY2023: R1,8 billion). Mining holds R7,9 billion and OptiPower R2,1 billion in near orders, presenting good prospects for the Group's order book.
Pipeline
Order
Near
Book
Orders
Category 1
Category 2
Category 3
Mining
16 , 7
7 , 9
30, 1
52 , 8
13 , 5
Opti Power
0 , 5
2 , 1
4 , 7
16 . 0
2 , 6
30 June 2024
17 , 2
10 , 0
34 , 8
68 , 8
16 , 1
31 December 2023
14 , 7
10 , 2
21 , 2
51 , 1
44 , 3
30 June 2023
15 , 4
9 , 1
28 , 9
77 , 8
52 , 3
Outlook
We are looking forward to FY2025, as the first year of a re-engineered, revitalised and refocused Murray & Roberts. We are satisfied that we have appropriately rightsized our business and that the size and quality of the Group's order book are creating the potential for further improved financial results in FY2025. We will continue working towards finding the best solution for settling our debt with the banking consortium and establishing an optimal capital structure for the Group for the future.