Saunders International Limited (ASX: SRN) has secured four civil infrastructure contracts worth AUD 20.59 million. Each project involves demolishing an existing bridge and constructing a new concrete bridge, funded by local councils, the NSW Government, and the Federal Government. The projects include Brunners Bridge in Singleton, NSW, which will enhance community connectivity and is funded by the Singleton Council, the NSW Government, and the Federal Government. The Spring Creek Bridge in Narrabri, NSW, aims to improve access for wide loads and vehicle safety and is funded by the NSW government.
The Melville Ford Bridge in Aberglasslyn, NSW, is designed to minimize community impact during minor flooding. The Maitland City Council, the NSW Government, and the Federal Government fund it. The Molong Street Bridge and Burren Dong Bridge No. 1 in Dubbo, NSW, will enhance safety for pedestrians, cyclists, and motorists. These projects will bolster Saunders' revenue and earnings in FY25 and FY26.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 20, 2024
Nov 20, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
