Latest Nrw Holdings News

NRW Holdings’ subsidiary has won a $200 million contract to upgrade Tonkin Highway in Perth, enhancing safety and easing congestion on a key transport corridor. Construction is set to begin in late 2026 with potential for additional works at Hale Road.

NRW Holdings has reaffirmed its FY26 guidance with revenue expected between $4.1 billion and $4.2 billion and underlying EBITA of $275 million to $285 million, supported by a robust $7.5 billion order book and strategic acquisitions in energy transition and digital innovation.

Fredon, NRW Holdings’ electrical and mechanical arm, has landed contracts worth around $160 million spanning major infrastructure, health, and electric vehicle projects across Australia, with work scheduled through to mid-2028.

Core Lithium Ltd (ASX: CXO) has awarded a $50 million surface mining contract to NRW Pty Ltd to restart open pit mining at the Grants deposit within its Finniss Lithium Operation, targeting ore production from May 2026 and spodumene concentrate shipments by December.

NRW Holdings reported a robust first half of FY26, driven by strong segment performances and the strategic acquisition of Fredon Industries, boosting revenue and profits significantly.

NRW Holdings has landed three major contracts worth approximately $270 million, reinforcing its footprint in mining and infrastructure projects across Western Australia. These wins highlight NRW’s expanding role in critical regional developments set to unfold over the next two years.

NRW Holdings’ subsidiary Golding Contractors has landed a $750 million mining services contract at Queensland’s Stanwell Meandu Mine, marking a significant expansion in its contract mining portfolio.

Fredon, a subsidiary of NRW Holdings, has landed approximately $150 million in new contracts for data centre electrical and mechanical works across Victoria, Brisbane, and NSW, reinforcing its foothold in Australia’s growing data centre sector.

NRW Holdings reported robust FY25 results with $3.3 billion revenue and $207.9 million underlying EBITA, boosted by strategic acquisitions including Fredon Industries. The company raised its FY26 guidance, projecting revenue near $4.1 billion and EBITA between $260 million and $265 million, underpinned by a $20.9 billion project pipeline.

NRW Holdings capped FY25 with strong financials and a strategic acquisition, setting the stage for an optimistic FY26. The addition of Fredon Industries expands NRW’s footprint and diversifies its service pillars amid challenging market conditions.

NRW Holdings showcased strong FY25 proforma results and ambitious FY26 guidance at the UBS Conference, underpinned by strategic acquisitions and a diversified portfolio. The company’s growth strategy focuses on expanding capabilities in energy transition and infrastructure markets across Australia, New Zealand, and North America.

NRW Holdings has completed its acquisition of Fredon Industries, integrating 2,500 new employees and enhancing its electrical and mechanical services portfolio. The company has updated its FY26 guidance, projecting revenue above $4 billion and underlying EBITA between $255 million and $265 million.