NRW Hold­ings ASX:NWH

The Australian Mining Review - - NEWS: THE CONTRACTORS -

• 25% NPAT in­crease year-on-year to $28.5m

• 20% year-on-year rev­enue in­crease to $370.2m

• Debt re­duced by $38.5m to $20.8m

• Work-in-hand of $1.4bn, with ten­der pipe­line of $6bn

NRW’s civil and min­ing business con­tin­ued its fo­cus on widen­ing its client base dur­ing FY17, se­cur­ing con­tracts with Pil­bara Min­er­als, Al­tura Min­ing, Rio Tinto coal, alu­mina and iron ore projects and FMG.

It also re­cently se­cured work at OZ Min­er­als’ Car­ra­p­ateena pro­ject, Gas­coyne Re­sources’ Dal­gar­anga pro­ject and ac­quired east coast min­ing ser­vices business Gold­ing for $85m.

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