ASX:VNTConstruction
A Look At Ventia Services Group’s Valuation After Its New Zealand Road Contract Win
New Zealand road contract puts Ventia in focus
Ventia Services Group (ASX:VNT) has secured a Road Maintenance and Renewal Services contract with New Zealand’s Far North District Council, valued at about NZ$125 million over an initial five year term.
The deal covers the southern road network, with Ventia responsible for pavement, structures, vegetation and roadside assets. It also includes potential three and two year extensions that could extend the relationship beyond the initial period.
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