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NRW Holdings Provides CEO's Presentation at AGM

21 Nov 2018  |  09:03:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2018 AGM CEO Presentation

NRW Holdings provided CEO's presentation at the Company AGM. It reported that the guidance of $1.1bn of revenue is to be delivered in FY 2019 remains the Company's expectation. The Company anticipates delivering first half EBITDA of $70m on revenues of around $500m. It delivered Revenue of $754.3m, double the same period in 2017. EBITDA was $93.5m compared to $58.9m in FY 2018 and Net Profit after Tax of $42.2m up 48% on last year. The Balance sheet is positive with Net Debt at June 2018 of $34.4m and the Gearing ratio is low at 12.6%. The Company ended the year with Cash holdings of $58.8m.

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