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SKS Technologies Secures Lucrative Data Centre Deal

SKS Technologies Secures Lucrative Data Centre Deal

SKS Technologies Group Limited (AU:SKS) has released an update.

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SKS Technologies Group Limited has announced a $20 million contract win with Built Australia for a data center project in Melbourne, marking a significant contribution to their increased FY2025 revenue forecast of over $220 million. The deal furthers SKS Technologies’ reputation as a leading provider of electrical and communications solutions in the Australian data center market. With a total of $170 million in data center contracts since FY22, the company has also reported a strong FY24 financial performance and is looking to maintain this momentum through careful project execution and financial management.

For further insights into AU:SKS stock, check out TipRanks’ Stock Analysis page.

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