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Ann: NRW Operational Update, page-7

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    NRW is pleased to advise that as a result of the $93 million Isaac Plains contract extension announced with Stanmore Coal last week, the recent $230 million Curragh contract extension and the $420 million Baralaba coal contract, both awarded in May, the total order book has now increased to near record levels at $2.05 billion, as at the end of May 2018.

    Other recent contract wins also include circa $65 million of new work and contract extensions in the Golding Civil and Urban businesses and a $7 million trial rehabilitation project at the Argyle Diamond Mine.

    The order book now includes around $875 million of work secured for delivery next financial year with total revenues in FY19 expected to exceed $1.1 billion.

    NRW’s West Australian civil business is well placed to participate in the upcoming major iron ore replacement and sustaining tonnes projects, the first of which is expected to commence during the first half of the 2019 financial year.
    With an order book of $2.05 billion and $875 million already committed for delivery in FY19, we are well positioned to expect revenue growth in excess of 40% over the 2018 financial year.”
 
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