Ann: FY2013 Results Media Release , page-2

A positive Outlook Statement


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OUTLOOK

Despite the significant downturn across the resources industry, NRW retains a positive outlook over
the short to medium term with a steady pipeline of tenders and a clear strategy to further diversify our
client base and client offering.


The Company will continue to maintain focus on its core domestic markets of iron ore and coal with
expansions and related infrastructure works still underway and a number of new projects in the
planning stage. We are also working on growing our exposure to markets such as LNG and CSG.


With current work in hand of $1 billion and tender activity still strong with over $3.96 billion in active
tenders across the Business, we remain confident of securing work across all our Division’s to further
strengthen our order book.


The Group’s balance sheet, funding facilities and solid cash position provide a strong foundation for
future organic growth and potential acquisitions. The Group will continue to assess acquisition
opportunities both domestically and internationally to add value to NRW’s service delivery model. We
will also continue to focus on cost management programs, efficiencies and continuous improvement
processes. These practises will contribute to NRW’s overall cost effectiveness in project delivery and
assist in maintaining our market competitiveness.


NRW expects revenue between $1-1.2 billion for the 2014 financial year, of which approximately 60%
is currently secured. This is subject to timely award and commencement of new projects.
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