Macmahon Holdings Limited (AU:MAH) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Macmahon Holdings Limited’s subsidiary, Decmil Group Limited, has secured a significant $111 million contract with Queensland Hydro for the Borumba Dam Project in South-East Queensland. This project includes the design and construction of temporary accommodation for workers, contributing to Macmahon’s strong order book of over $2.1 billion for FY25. The company’s CEO, Michael Finnegan, emphasizes this achievement as a strategic fit, enhancing Macmahon’s growth in civil infrastructure and business diversification.
For further insights into AU:MAH stock, check out TipRanks’ Stock Analysis page.