UBS Conference - Presentation

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Stock NRW Holdings Ltd (NWH.ASX)
Release Time 10 Nov 2025, 9:10 a.m.
Price Sensitive Yes
 NRW Holdings Presents at UBS Conference
Key Points
  • Diversified group with market-leading businesses across resources, infrastructure, and government
  • Delivered strong 10-year total shareholder returns, ranked in top 10 ASX stocks
  • Disciplined growth through strategic acquisitions, expanding capabilities and markets
Full Summary

NRW Holdings is a leading, ASX-listed company based in Perth, Western Australia, with a diversified group of market-leading businesses that specialize in engineering, manufacturing, construction, operations, and maintenance services across multiple industry segments, including resources, infrastructure, and government. The company has a proven history of growth and returns, delivering a 52.4% 10-year total shareholder return, ranking it in the top 10 best ASX stocks over the past decade. NRW's disciplined approach to growth, underpinned by robust cash management and strategic capital allocation, has enabled it to expand its footprint into diverse geographies and build advanced capabilities across its group, positioning the company to capitalize on future-focused markets. The company's four strategic pillars - Civil, Mining, Minerals, Energy & Technology (MET), and Electrical, Mechanical, Infrastructure & Technology (EMIT) - provide a diversified revenue base and stable earnings, with a strong order book and active tenders totaling $20.9 billion. Looking ahead, NRW is well-positioned to capture growth opportunities in its core markets, including the Pilbara region, Western Australia's infrastructure expansion, and diversification in Queensland, as well as international expansion in the USA and Canada.

Guidance

FY26 revenue is expected to be in excess of $4.0 billion, and underlying EBITA is expected to be between $255 million and $265 million.

Outlook

The outlook remains strong for the enlarged NRW group, with a total pipeline of $20.9 billion, current active tenders of $7.6 billion, and $7.1 billion of work in hand, including $3.8 billion already secured for FY26.