WBHO (WBO) Results Snapshot 1H22

Diluted HEPS -1 610.9cps compared to 81.3cps LY. Revenue fell by -21.6% y-y to R15 962m, driven by declining Australian and UK operations. OPM declined to -6.7%. Expenses fell by -16% to R17 027m. Order book fell by -17% y-y to R29.8bn, driven by the lack of work awarded in Australia. Probuild (Australia) being put into liquidation. No interim dividend declared