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How NRW Holdings’ Fredon Deal Fuels 19.5% Revenue Growth in H1 FY26

8:32am on Thursday 19th of February, 2026 AEDT Construction and Engineering
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How NRW Holdings’ Fredon Deal Fuels 19.5% Revenue Growth in H1 FY26

8:32am on Thursday 19th of February, 2026 AEDT
Key Points
  • Revenue up 19.5% to $1.97 billion
  • Underlying EBITA rises 36.4% to $132.3 million
  • Fredon acquisition adds $206.9 million revenue and $9.5 million EBITA
  • Net debt increases due to acquisition funding but remains within targets
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