Kelsian Group Secures Major Transportation Contract for CP2 LNG Project

The latest announcement is out from Kelsian Group Limited ( (AU:KLS) ).

Kelsian Group Limited, through its subsidiary Hotard Coaches, Inc., has secured a contract with Worley Field Services, Inc. to provide workforce transportation services for the CP2 LNG project in Louisiana, USA. The contract, valued at approximately USD59 million, will run from June 2025 to August 2028, with services scaling according to project milestones. This contract highlights Kelsian’s operational excellence in large-scale workforce transportation, although it is not expected to significantly impact earnings in FY26 due to the project’s initial phases.

The most recent analyst rating on (AU:KLS) stock is a Buy with a A$6.10 price target. To see the full list of analyst forecasts on Kelsian Group Limited stock, see the AU:KLS Stock Forecast page.

More about Kelsian Group Limited

Kelsian Group Limited is Australia’s largest integrated multi-modal transport provider and tourism operator, with operations in Australia, Singapore, USA, UK, and the Channel Islands. The company specializes in delivering safe and intelligent transport solutions, focusing on sustainability and community liveability. Kelsian is a leader in sustainable public transport, operating Australia’s largest zero-emission bus fleet and one of the largest electrified bus depots.

Average Trading Volume: 1,130,240

Technical Sentiment Signal: Sell

Current Market Cap: A$863.5M

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