Acrow Formwork and Construction Services Limited (AU:ACF) has released an update.
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Acrow Formwork and Construction Services Limited has reported a 57% increase in secured hire contract wins, totaling $33.8 million, for the four months ending October 31, 2024. The company also announced a record pipeline of $198 million as of the same date, reflecting a strong medium-term outlook. Acrow projects revenue growth of 27% and EBITDA growth of 14% for the fiscal year 2025, indicating robust demand and strategic market positioning.
For further insights into AU:ACF stock, check out TipRanks’ Stock Analysis page.