Acrow Formwork and Construction Services Limited (AU:ACF) has released an update.
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Acrow Formwork and Construction Services Limited has achieved a significant milestone by securing a $4.5 million contract with Meriton for the Jumpform and screens equipment hire on the Gold Coast, marking the largest hire agreement in its history. Additionally, Acrow has secured a $3.0 million contract with Future Generation for the Snowy 2.0 hydro-electric project, further cementing its role in Australia’s major infrastructure developments. These contracts are expected to contribute notably to the company’s financial performance in FY25.
For further insights into AU:ACF stock, check out TipRanks’ Stock Analysis page.
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