Service Stream Limited (AU:SSM) has released an update.
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Service Stream Limited has announced securing new multi-year contracts worth around $600 million, enhancing its essential network services in the utility and transport sectors. These contracts include a 9-year deal with Yarra Valley Water to service Melbourne’s water and sewer infrastructure and a road maintenance contract with Victoria’s Department of Transport for Melbourne’s southern suburbs. This development is set to bolster the company’s revenue streams and reinforce its commitment to supporting local communities.
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