NRW Holdings FY24 Financial Highlights

NRW Holdings (ASX:NWH) recently held its Annual General Meeting, highlighting a record year for FY24. The company, a key player in the resources and infrastructure sectors, reported a 24% growth in EBITA and a substantial increase in its order book to $7 billion. NRW emphasized its commitment to safety, sustainability, and strategic growth through acquisitions.

NRW Holdings Growth and Future Prospects

NRW Holdings is celebrating its 30th anniversary with significant achievements. The company has grown its order book to $7 billion, secured $2.9 billion for FY25, and achieved a record EBITA growth of 24%. Through strategic acquisitions over the past eight years, NRW has bolstered its service capabilities, allowing it to be selective in market opportunities. Committed to reducing emissions and increasing gender diversity, the company aligns its operations with modern ESG standards. Looking forward, NRW projects strong revenue and earnings growth, with FY25 revenue anticipated to reach $3.1 billion and EBITA between $205 million and $215 million. Despite risks associated with forward-looking statements, NRW's robust performance and strategic focus suggest continued success in the competitive resources and infrastructure sectors.

CEO's Insights on NRW Holdings' Success

The meeting commenced with a tribute to Barry Breslin, a subcontractor who tragically passed away on the HWA Freeway project. Safety remains a top priority for NRW.