Macmahon Holdings Limited (AU:MAH) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Macmahon Holdings Limited has announced that its subsidiary, Decmil, won a $61 million contract to upgrade 23km of Marble Bar Road in Western Australia, set to commence in October 2024. The project significantly bolsters Macmahon’s order book, with no change to its fiscal year 2025 revenue forecast of $2.4 to $2.5 billion. This development is expected to strengthen Macmahon’s relationship with HanRoy Iron Ore Projects and its position in infrastructure services.
For further insights into AU:MAH stock, check out TipRanks’ Stock Analysis page.
