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Contractors shed jobs as slowdown bites

Mining services contractors have slashed thousands of jobs as the slowdown in the resources sector piles pressure on companies to cut costs after several years of growth.

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NRW Holdings (NWH)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/19

1 year TSR5 year TSR
50thNRW Holdings82%19%
219thMacmahon Holdings7%14%
347thAustralian Finance Group-12%
418thMACA-23%-5%
500thAusdrill-34%20%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/12/18
$0 Issued
21/09/18
$0 Issued
13/09/17
$6k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

8th↑Ausdrill$909.3m
9th↑Macmahon Holdings$714.9m
10th↑NRW Holdings$685.4m
11th-MACA$589.9m
12th↓Australian Finance Group$582.6m
201 listed industrial companies ranked by revenue.
Source: Morningstar

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