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Alfabs Australia Ltd. ( (AU:AAL) ) just unveiled an update.
Alfabs Australia Limited has completed the delivery of all assets for the Malabar project, with expectations that FY26 sales will surpass FY25 due to full-year asset hire. Additionally, the company reports high customer inquiry levels for underground hire equipment and an increase in ‘Bat Bag’ market share, driven by legislative growth. Strategic acquisitions of assets needing overhaul are ongoing to support hire fleet expansion and workshop productivity.
More about Alfabs Australia Ltd.
Alfabs Australia Limited operates in the mining industry, providing equipment hire services and products such as the ‘Bat Bag’. The company focuses on serving markets in New South Wales and Queensland, with a facility located in Kurri Kurri.
YTD Price Performance: -4.76%
Average Trading Volume: 115,260
Technical Sentiment Signal: Hold
See more data about AAL stock on TipRanks’ Stock Analysis page.