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Kelsian Group Limited ( (AU:KLS) ) has shared an announcement.
Kelsian Group Limited has secured a contract with Bechtel Energy, Inc. to provide workforce transportation services for the Louisiana LNG project in the USA. This contract, valued at approximately USD82 million over four and a half years, highlights Kelsian’s strong contracting capabilities and secures ongoing revenue in a growth sector of its diversified USA business. Hotard Coaches, a subsidiary of Kelsian, will deliver a comprehensive transportation solution, aligning services with project milestones. The contract is not expected to significantly impact earnings in FY26, but it underscores Kelsian’s strategic positioning in the industrial transportation sector.
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 aimed at enhancing sustainability and community liveability. With over 30 years of experience, 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: 1,175,875
Technical Sentiment Signal: Sell
Current Market Cap: A$1.01B
Find detailed analytics on KLS stock on TipRanks’ Stock Analysis page.