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NRW Holdings Limited ( (AU:NWH) ) has shared an update.
NRW Holdings Limited has completed the acquisition of Fredon Industries Pty Ltd, integrating Fredon’s 2,500 employees and expanding NRW’s capabilities in HVAC and electrical services. This acquisition supports NRW’s strategy to grow by entering new markets and enhancing service offerings, particularly in emerging sectors like data centers. The company has updated its FY26 guidance, projecting revenue to exceed $4 billion and underlying EBITA between $255 million and $265 million, reflecting a strong start to the financial year and increased activity across its business sectors.
The most recent analyst rating on (AU:NWH) stock is a Buy with a A$4.05 price target. To see the full list of analyst forecasts on NRW Holdings Limited stock, see the AU:NWH Stock Forecast page.
More about NRW Holdings Limited
NRW Holdings Limited is a leading provider of diversified contract services to the government, resources, industrial, and infrastructure sectors in Australia, with operations extending to Canada and the United States. The company offers a wide range of services, including civil construction, contract mining, and drill and blast services, as well as refurbishment and rebuild services for earthmoving equipment. NRW’s divisions provide tailored solutions for mining, infrastructure, and energy projects, and the company employs around 11,500 people across various sectors.
Average Trading Volume: 1,357,609
Technical Sentiment Signal: Buy
Current Market Cap: A$2.11B
See more insights into NWH stock on TipRanks’ Stock Analysis page.