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Ventia Services Group Limited ( (AU:VNT) ) has shared an announcement.
Ventia Services Group has secured a NSW Whole-of-Government cleaning services contract for the Western Sydney region worth about $100 million over an initial 18‑month term, with an option for a one‑year extension. The win reinforces Ventia’s long-standing role as a key services partner to the NSW Government, highlights its capability to deliver large-scale, sustainable essential services, and is positioned to support the Western Sydney economy through local hiring and partnerships with small and medium enterprises, ensuring economic benefits flow into the communities served.
The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 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 operating across Australia and New Zealand. With a workforce of more than 35,000 people at over 400 sites, the company delivers client-focused, innovative and sustainable services across sectors including defence, social infrastructure, water, electricity and gas, resources, telecommunications and transport, helping to keep critical infrastructure running for communities.
Average Trading Volume: 2,262,074
Technical Sentiment Signal: Buy
Current Market Cap: A$4.85B
Learn more about VNT stock on TipRanks’ Stock Analysis page.