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M&R's order book up to R48bn

7 Nov 2012

South African construction and engineering company Murray & Roberts says its order book grew to R48bn for the year to September from R45.3bn recorded at the end of its 2012 financial year.

Its net cash position was unchanged at R1.2bn reported in June‚ despite recent industrial action that cost the company about R200m.
Murray & Roberts said construction in Africa and the Middle East remained difficult due to the current market's conditions and pressure on its margins.

Source: I-Net Bridge

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