NWH 0.32% $3.12 nrw holdings limited

2023 General, news, etc, page-135

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    Australia's NRW Holdings seeing higher topline on recent contract wins - Citi

    Jul 17, 202312:52 GMT+8

    ** Brokerage Citi says topline visibility for NRW Holdings is better than ever before after a string of recent contract awards
    ** NWH says its unit executed a contract with Toowoomba Regional Council valued at circa A$113 mln ($77.01 mln)
    ** Order book for FY24 covers vast majority of expected revenue for the year - Citi
    ** Brokerage perceives NRW as its most preferred pick in contractor coverage heading into the reporting season
    ** Forecasts Civil EBITA margin to reach 4.1-4.2% by FY24 and FY25, respectively
    ** NWH shares are up 1.2% so far
    ** Stock down ~10% this year as of last close
    ($1 = 1.4674 Australian dollars)
 
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$3.12
Change
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