Shape Australia Corporation Limited (AU:SHA) has released an update.
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Shape Australia Corporation Limited is experiencing robust growth in FY25, with significant project wins and an increasing backlog of $480.3 million. Despite challenges like rising construction costs and high interest rates, the company has secured a healthy pipeline worth $3.3 billion, showcasing successful diversification across regional operations and new capabilities. Shape’s strategic investments in areas like Design & Build and Aftercare are yielding tangible results, positioning the company for sustained revenue growth and enhanced client relationships.
For further insights into AU:SHA stock, check out TipRanks’ Stock Analysis page.