NRW Holdings surpasses FY2024 earnings guidance due mainly to Spartan Resources share sale

by Pelican Press
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NRW Holdings surpasses FY2024 earnings guidance due mainly to Spartan Resources share sale

NRW Holdings has beaten its underlying earnings target thanks largely to sticking around in a stock that was once a dud.

NRW said its unaudited earnings before interest, tax, and amortisation for the 2024 financial year is about $195 million, its best ever result and higher than the $175m to $185m range it previously forecast.

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