EVZ Limited (AU:EVZ) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
EVZ Limited, an Australian leader in engineering solutions, has secured a significant $10M contract through its subsidiary Tank Industries for the construction of five bulk storage tanks for the ‘Project Ceres’ urea plant in Karratha, WA. The tanks are a crucial part of what will be Australia’s largest urea plant, with work set to begin immediately and completion expected by the third quarter of 2025. This contract is anticipated to boost EVZ Limited’s revenues and earnings for the fiscal years 2025 and 2026.
For further insights into AU:EVZ stock, check out TipRanks’ Stock Analysis page.