DRA Global Limited provided earnings guidance for the second half and full year of 2022. Fiscal year 2022 revenue for the Group is anticipated to be lower as a result of the expected G&S business divestment. The Group expects a profitable second half of the financial year as the Group focusses on quality of earnings.

However, profitability may be impacted by certain macro-economic events including potential further interest rate increases by central banks affecting financing of future major projects and the pipeline for the Group, and inflationary pressures which impact on the Group's cost base in all major regions and may weigh on margins in the near term. Excess free cashflow generated during the second half of the financial year is expected to repay short-term debt facilities as a priority.