NWPX Infrastructure Watchlist

tz-plus logo NWPX Infrastructure: Investments in Water Infrastructure Drive Stock to New All-Time High

A. Zehetner
Reading Time: 3 minutes

NWPX Infrastructure manufactures and distributes pipe systems made of steel and concrete for water and wastewater management as well as infrastructure construction. Additionally, the company produces precast elements for commercial and institutional projects in the Precast segment. A backlog of USD 430 million in the core segment and the successful initial application of a new curve drilling technology in June support the positive stock performance. In the first quarter, revenue rose by over 19%, and the net profit per share was twice as high...

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