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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Last
$3.53 |
Change
0.020(0.57%) |
Mkt cap ! $1.606B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.55 | $3.46 | $2.668M | 758.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13590 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 2416 | 1 |
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| NWH (ASX) Chart |