NRW Holdings ASX:NWH
• 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.