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NRW Holdings Provides Rottnest Conference 2022 Presentation

09 Mar 2022  |  09:57:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: NRW Rottnest Conference Presentation

NRW Holdings provided Rottnest conference 2022 presentation. It reported Cash balance at 31 December 2021 of $195.9m. It announced interim dividend been declared at 5.5 cps fully franked, up 37% on pcp. There was an improvement in TRIFR (Total Recordable Injury Frequency Rate) from 6.11 (June 2021) to 4.70 (December 2021). Project margins are recovering although residual impact of lower volumes on business cost base will continue to impact overall margin until volumes increase as anticipated in FY 2023.

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