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NRH Holdings (NWH) $1.955

FY21 Result: An in line result for NWH on FY21 with  EBITDA at $266.7m,  right on consensus expectations. Guidance was the standout though with EBIT for FY22 expected to be in the range of $145m-$155m vs market expectations at $147m. The company talked up their large order book and importantly, they sighted improving margins which was the key, plying  cost pressures that have been a hindrance are starting to ease. Shares rallied 17.42% today.

MM is bullish and long NWH
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NRW Holdings (NWH)
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