Service Stream Limited (AU:SSM) has released an update.
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.
For further insights into AU:SSM stock, check out TipRanks’ Stock Analysis page.
