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The latest update is out from SKS Technologies Group Limited ( (AU:SKS) ).
SKS Technologies Group Limited has completed the acquisition of Sydney-based Delta Elcom Pty Ltd, a specialist electrical and communications contractor with around $25 million in annual revenue and deep expertise in data centre infrastructure, network cabling and integrated technology systems. The transaction, funded through $10.5 million in cash and the issue of new SKS shares, with a further earn-out of up to $1.25 million tied to 2026 performance, is intended to accelerate SKS’s push into the New South Wales data centre market while strengthening its position in core commercial and industrial sectors across Australia.
The most recent analyst rating on (AU:SKS) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on SKS Technologies Group Limited stock, see the AU:SKS Stock Forecast page.
More about SKS Technologies Group Limited
SKS Technologies Group Limited is an Australian provider of electrical technologies and digital infrastructure, specialising in the design and installation of audio-visual, communications and electrical solutions. The company operates nationally across data centres, defence, mining, health, retail and commercial building sectors, targeting complex and mission-critical environments with integrated technology services.
Average Trading Volume: 283,410
Technical Sentiment Signal: Buy
Current Market Cap: A$442.8M
Find detailed analytics on SKS stock on TipRanks’ Stock Analysis page.