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Ventia Services Group Limited ( (AU:VNT) ) has shared an announcement.
Ventia Services Group Limited has secured a two-year extension of its Facility Management Agreement with the City of Sydney, valued at approximately $100 million. This extension, commencing in January 2026, highlights the City of Sydney’s trust in Ventia’s ability to provide high-quality, data-driven, and strategic asset management services. Since 2018, Ventia has managed 251 City-owned assets, including heritage buildings, offering services like cleaning, maintenance, and strategic asset management. The partnership underscores the value of innovation and collaboration in facilities management, aiming to enhance decision-making and maximize customer ROI.
The most recent analyst rating on (AU:VNT) stock is a Buy with a A$5.65 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.
More about Ventia Services Group Limited
Ventia Services Group Limited is a leading essential infrastructure services provider in Australia and New Zealand, offering services that maintain infrastructure for communities. With a workforce of over 35,000 people across more than 400 sites, Ventia focuses on client-centered, innovative, and sustainable service delivery across various industry segments, including defence, social infrastructure, water, electricity and gas, resources, telecommunications, and transport.
Average Trading Volume: 1,859,788
Technical Sentiment Signal: Buy
Current Market Cap: A$4.17B
For detailed information about VNT stock, go to TipRanks’ Stock Analysis page.