NWH 0.26% $3.92 nrw holdings limited

hmmm they got the dividend information a bit wrong ......

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  1. 5,305 Posts.
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    hmmm they got the dividend information a bit wrong ...
    Regardless, here is the first press ‘bouquet’ I could find:
    (They got the smile right though and yours, today, must be like a blazing sun dear Jules ....I know mine is)
    https://thewest.com.au/business/min...ars-after-28m-half-year-profit-ng-b881111508z


    “NRW pays first dividend in five years after $28m half-year profit
    Peter MilneThe West Australian
    Wednesday, 20 February 2019 8:54AM

    NRW Holdings managing director Jules PembertonPicture: Robert Duncan
    NRW Holdings shareholders will receive their first dividend in five years after the mining services provider’s interim net profit soared 84 per cent to $28 million.

    Fresh from completing the purchase of RCR Tomlinson’s mining technology division, NRW’s revenue for the six months to December of $494 million was 58 per cent higher than the corresponding period in 2017.

    NRW’s earnings before interest and tax of $50 million exceeded its November guidance by $5 million.

    An interim fully-franked dividend of 2¢ a share was declared, the first since April 2014.

    NRW managing director Jules Pemberton said all businesses performed above plan and the east coast-focused Goldings contracting business had generated cash equal to its acquisition cost in the first 14 months of ownership.

    He said the company had a $2.4 billion order book at December 31 that supported full-year revenue guidance of about $1.1 billion.

    NRW shares were up 17¢, or 8 per cent, to $2.25 a share at 10.50am.”
    Last edited by sabine: 20/02/19
 
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