Murray & Roberts Holdings Limited
MURSF
Other OTC0.03
USD
- -
- -
ISIN
ZAE000073441
Return %
Stock
S&P500
1Y
- -
19.99
3Y
-88.10
69.40
5Y
-97.73
72.03
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Steve Harrison
- Full Time Employees
- 5,306
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- Douglas Roberts Centre Bedfordview South Africa 2007
- IPO Date
- Feb 18, 2020
- Website
- murrob.com
- Similar Companies
- Business
- Murray & Roberts Holdings Limited is a South African multinational engineering and contracting company primarily operating in the resources and infrastructure sectors. The company provides a comprehensive range of products and services including project engineering, procurement, construction, commissioning, operations, and maintenance solutions across its two main segments: Mining; and Power, Industrial & Water. Its Mining segment offers project lifecycle services such as feasibility studies, specialist engineering, vertical and decline shaft construction, mine development, raise boring and grouting, underground construction, contract mining, and material handling solutions. The Power, Industrial & Water segment encompasses projects including power renewables and gas, petrochemical, resources and industrial projects, water, transmission and distribution, electrical and instrumentation, and photovoltaic solar solutions. The company operates primarily in South Africa but also has a presence in international mining and infrastructure markets. Founded in 1902 and headquartered in Bedfordview, South Africa, Murray & Roberts has undergone significant recent transformation. In 2022, the company entered a sale agreement to dispose of its entire shareholding in Clough Limited to Webuild, thereby exiting the oil and gas construction sector to focus on resources-driven construction markets. It has broadened its market scope to include metals and minerals and specialist infrastructure markets to mitigate market cyclicality. However, by late 2024, the company faced severe financial distress, resulting in the suspension of its share trading in November 2024 and eventual liquidation proceedings beginning in 2025. This led to the sale of key business units such as Cementation, Cementation Canada, and Terra Nova Technologies, accompanied by a business rescue plan agreed upon by creditors to stabilize operations under new ownership by Differential Capital. This restructuring represents a major strategic shift aimed at preserving core mining and power infrastructure operations while addressing financial challenges. Murray & Roberts operates through subsidiaries including Cementation Canada Inc., Cementation USA Inc., and Murray & Roberts Pty Ltd and serves industries such as metals and minerals, power generation, industrial construction, water infrastructure, and renewable energy. Its service offerings span engineering, construction, and specialist mining services alongside provision of process equipment and advanced materials handling systems. The company reported revenue of approximately ZAR 6.89 billion for the twelve months ending June 2024, with ongoing operational challenges impacting profitability. The recent strategic divestitures, partnership realignments, and ownership changes mark a pivotal evolution in its business model aimed at focusing on sustainable growth sectors and financial recovery.