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NXT — NEXTDC News Story

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Australia's NEXTDC rises on contract wins

BUZZ-Australia's NEXTDC rises on contract wins

** Shares of data centre developer NEXTDC NXT.AX up 4.4% at A$13.62, set for their best session in nearly a week

** NXT's pro forma contracted utilisation as at June 30 increased by 73 megawatts (MW) to 740 MW, following a series of customer contract wins, since its last update in April 20

** Contract wins increased NXT's pro-forma forward order book to 565 MW, which is expected to convert to billings, revenue and EBITDA over FY26 to FY30, adds co

** Stock up 10.1% this year, including the day's move


(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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