• Revenue increased 15.8% to $1,651.8 million
• Operating EBIT up 5.3% to $96.9 million
• Normalised Net Earnings (NPATN) increased to $58.4 million
• Secured new contracts worth $360 million and $1.6 billion in Mining segment

NRW Holdings Limited, a leading provider of diversified contract services to the resources and infrastructure sectors, has reported its financial results for the half-year ended 31 December 2024. The company recorded total revenue of $1,651.8 million, a 15.8% increase from the prior comparative period (pcp). This growth was driven by increased activity across all three operational segments - Civil, Mining, and Minerals, Energy & Technologies (MET). The Civil segment saw a 40.6% revenue increase, while the Mining segment revenue grew by 4.3%. The higher revenue level resulted in operating EBIT of $96.9 million, 5.3% higher than the pcp. Normalised Net Earnings (NPATN) increased to $58.4 million, compared to $58.0 million in the pcp. During the period, NRW secured several key contract awards and extensions, including a six-year $360 million contract with Evolution Mining at the Mungari Castle Hill Mine and a five-year $1.6 billion contract extension with Stanmore Resources at the South Walker Creek mine. The company also successfully integrated the South Walker Creek project, acquired from HSE Mining Pty Ltd, into its wholly-owned subsidiary Golding. NRW continues to focus on safety, sustainability, and people and culture initiatives to support its operational excellence and overall performance.