NEXTDC Reports Strong Growth in Contracted Utilisation
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NEXTDC Reports Strong Growth in Contracted Utilisation

Nextdc Limited (AU:NXT) has released an update.

NEXTDC Limited, an innovative data centre provider in Asia, has announced a significant 16% increase in contracted utilisation, rising to 172.6MW, with the NSW/ACT region experiencing the largest growth. This surge has led to a record forward order book of 86.6MW. The company anticipates revenue from these contracts to begin contributing in FY27, with a full run rate expected by FY28.

For further insights into AU:NXT stock, check out TipRanks’ Stock Analysis page.

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