Mainboard-listed AusGroup has been awarded multiple contracts across Western Australia’s resources and mineral sectors.
The contracts are worth a total of A$32 million ($31.7 million).
AusGroup, a provider of integrated service solutions to the energy, resources and mineral sectors across Australia and Southeast Asia, will provide a range of services to resource projects that focus on rectification and fabrication works.
See: AusGroup eyes turnaround under CEO Kimpton; banks on maintenance for recurring revenue
These include on-site installation and the provision of specialist maintenance ground crews.
“AusGroup has established itself as a leading provider of integrated service solutions to customers in the energy, resources and mineral sectors. These contracts will allow AusGroup to further solidify our presence in these sectors within our core services. Our order book is also strengthened, providing the group with greater revenue visibility and confidence into 2022,” says Shane Kimpton, CEO and managing director of AusGroup.
As at 3.31pm, shares in AusGroup are trading 0.1 cent higher or 4% up at 2.6 cents.
