NRW provided an update on previous guidance

NRW Holdings Limited (ASX: NRW) provided an update to previous guidance provided on the full-year results:

• For FY22, NRW Holdings Limited anticipates its revenue to be AU$2.4 billion, which is consistent with the guidance.
• It also expects its EBITA (unaudited) for FY22 to be AU$157.0 million, which represents an upgrade compared to the previous guidance range of AU$150 million to AU$155 million.
• The company has cash holdings of AU$219.3 million.
• Net debt of AU$66.6 million representing cash conversion in excess of 100% of EBITDA (of AU$272.4 million).
• For FY22, the company has an order book of AU$5.2 billion, which is a new record for the group.

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