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Saunders International Limited ( (AU:SND) ) has provided an announcement.
Saunders International has secured a $16.4 million contract at Ampol’s Lytton Refinery in Brisbane to renew and refurbish an existing fuel storage tank, supporting the ongoing upgrade and future-proofing of critical refinery infrastructure. Awarded under a Master Services Agreement with long-term client Ampol, the project underscores Saunders’ strength as a trusted partner in the energy market, aligns with its sector-focused growth strategy, and is expected to contribute to revenue and earnings in FY26 and FY27 while bolstering the resilience and reliability of Australia’s energy infrastructure.
The most recent analyst rating on (AU:SND) stock is a Hold with a A$0.84 price target. To see the full list of analyst forecasts on Saunders International Limited stock, see the AU:SND Stock Forecast page.
More about Saunders International Limited
Saunders International Limited (ASX:SND) is a multidisciplinary Australian engineering, construction and industrial asset services company operating across the full asset lifecycle. It specialises in fluid storage and transfer infrastructure, structural, mechanical and piping works, industrial automation and electrical, civil and water infrastructure, as well as industrial asset and maintenance services for clients in the Defence & Government, Water, Energy and Resources & Industrials sectors.
Average Trading Volume: 56,659
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$125.2M
Find detailed analytics on SND stock on TipRanks’ Stock Analysis page.