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Civmec Limited Announces Leadership Change to Strengthen Growth

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Civmec Limited Announces Leadership Change to Strengthen Growth

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Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh ( (AU:CVL) ) has shared an update.

Civmec Limited announced a leadership change with Mr. Charles Sweeney stepping down as Executive General Manager of Construction after 16 years of service. Mr. David Power, currently Executive General Manager of Manufacturing, will take on a dual role to lead both Manufacturing and Construction divisions, supported by experienced operational leads. This strategic move aims to enhance Civmec’s leadership capabilities and support its integrated delivery model, ensuring continued growth and success in its core sectors.

The most recent analyst rating on (AU:CVL) stock is a Hold with a A$1.10 price target. To see the full list of analyst forecasts on Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh stock, see the AU:CVL Stock Forecast page.

More about Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh

Civmec Limited is an integrated, multi-disciplinary construction and engineering services provider serving the Energy, Resources, Infrastructure, and Marine & Defence sectors. Headquartered in Henderson, Western Australia, it has regional offices in Newcastle, Gladstone, and Port Hedland. The company is listed on the ASX and SGX, with core capabilities in heavy engineering, shipbuilding, modularisation, SMP, EIC, precast concrete, site civil works, industrial insulation, maintenance, surface treatment, refractory, and access solutions.

Average Trading Volume: 151,616

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$597.5M

For a thorough assessment of CVL stock, go to TipRanks’ Stock Analysis page.

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