NWH 0.77% $3.95 nrw holdings limited

Ann: NRW acquires RCR Mining & RCR Heat Treatment businesses, page-3

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  1. 1,233 Posts.
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    Nice, $10m for 2 RCR divisions that generated $110m in revenue in 2018 and is expected to return more than $10m in eps impact (ignoring one-offs) which is > +2.7c in FY2019.

    I'm pleased that they've managed to pick up something from RCR which seems (I'm no expert admittedly) like a good business ruined by solar farm empire building. Should help with the ongoing NRW transformation to a more diversified, and maybe higher margin business, I guess only they know exactly how well it will generate 'synergies' with the existing divisions.

    Jeez, 2020H1 is starting to look very promising!




 
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