NRW Holdings Limited: Interim Dividend to be Paid on 9 June 2020

May 21, 2020 12:49 PM AEST
Team Kalkine

NRW Holdings Limited (ASX:NWH) notified the market about its 10 months performance till April 2020 and decision on dividend distribution.

The Company’s Board reviewed the business performance and decided to pay interim dividend of 2.5 cps on 9 June 2020.
NWH noted no material change in any of the four business divisions of the Company, namely, Mining, Drill and Blast, Civil, and Mining Technologies.
NWH is on track to meet its revenue guidance for FY 2020, which is $2 billion.
Revenue of $1.6 billion is a record as compared to any of the prior financial year.
EBITDA and EBITA of $177 million and $107 million, respectively.

NWH stock was up 22.242 per cent to $2.05 at AEST 12:46 pm on 21 May 2020.

Disclaimer

The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.