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Last edited 3 years ago
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#FY21 Results
stale
Added 3 years ago

Reported EBITDA of $266.M and net cashflow from operations of $147.4M. Increased labour costs in WA Pilbara did impact the results, but most work in that State have now concluded and new contracts have priced in the increased costs. If borders do open and costs come down this could improve margins on recently signed contracts. In a hard sector managment has done extrordinary well in building out services enabling NWH to bid on bigger contracts. A final dividend of 5 cents per share fully franked a 3.6% yield on the closing price. This was only ever a trade and will be taking profits over the next few days if the share price continues to run.