Ann: Annual Report to shareholders, page-3

HI like the sound of doubled revenue and record order book .

....and the expectation of more dividends ( here we are meanwhile back under $2 with  2c dividend due  (recorded tomorrow?) representing 1.8% return according to CommSec.

ps this is probably around the average price our newest substantial holder, Paradice, entered.

...and the expectation string growth FY 2019 and  increasing work over the next five years 

Excerpts from Chairman’s Report:

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“NRW delivered $754.3 million in revenue, which is double that of the previous year, and grew the order book to a record $2.2 billion at July 2018. Net profit after tax increased by 48% from the previous year to $42.2 million.

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I would also like to thank our shareholders for their ongoing support this year and for the continued confidence placed in NRW. The Board has agreed to reinstate the payment of dividends by approving the payment of a fully franked final dividend for FY18.

The Directors have determined the dividend based on the Company’s liquidity profile over the next financial year and expect to be in a position to announce further dividends for the new financial year.

NRW is well placed for further growth in the next financial year due to our record order book and a strong tender pipeline of circa $6 billion. We remain confident in increased activity levels in the resources and infrastructure sectors for the next five years.”

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