NRW Holdings Limited (ASX:NWH) says its full year net profit lifted by 17 per cent in to $41 million.
The mining services provider says it is conservatively geared and generating strong cash flows with a high return on capital employed.
In the 2011 financial year revenue rose 22 per cent and earnings before interest and tax were up 12 per cent.
Looking ahead the company maintains a “very positive outlook” for the near term due to a fully secured order book in the year ahead.
NRW Holdings is targeting revenue growth of 35 per cent and earnings before interest and tax growth of 10 per cent in the 2012 financial year.
A final fully franked dividend of 5 cents per share has been declared, taking the full year payout to 9 cents per share, fully franked.
