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Ann: NRW Full Year Results Conference Call details, page-10

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    Slide four …
    The record results and the “incredibly strong” position in which NRW is now placed..


    Results overview
    Jules noted with some degree of what I infer to be an expression of quiet pride that there were
    plenty of records “

    ….. And looking at the accompanying slide there surely are

    He commented that a component record order book was the billion dollar  Fimiston  award (North Star Gold)  for the  Primero side of business and said that project helped them  be confident revenue and  margin improvement going forward ..
    “Because of the structure of that project, it has a very different risk profile, with a target cost estimate style structure and not lump sum risk
    Some other comments :
    “A very, very strong position in terms of work in hand…”
    Also “a very different risk profile for the business.”
    He said NRW had never been positioned more strongly and that the outlook for FY years 24, 25 and beyond was solid because of this despite that the most important previous target area, the Pilbara was no longer crucial.

    “The business never positioned  better for ‘24, ‘25 and beyond  …”

    “Gearing is very, very low which gives  us plenty of firepower to grow the business across our capital initiatives…
    ….……
    “So to be clear the diversification strategy (outlined as a priority in previous years)  is absolutely paying  off.”


    Nice work Jules and the results do speak for themselves!
 
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