Saunders International secures $20.59 million contracts for civil infrastructure projects

Saunders International Limited (ASX: $SND) has secured four contracts in the civil infrastructure sector, totaling $20.59 million. The projects involve the demolition of existing bridges and the design and construction of new concrete bridge structures. These projects have been funded by local councils, the NSW Government, and the Federal Government, aiming to enhance the safety and efficiency of local road networks.

Executive Commentary

We're proud of our strong track record and performance in bridge design and construction. It's fantastic to see all levels of government working together to make high-priority community infrastructure projects like this possible. These projects will contribute to our revenue and earnings in FY25 and FY26.

Summary

Saunders International Limited (ASX: $SND) has secured $20.59 million in contracts for civil infrastructure projects involving the demolition of existing bridges and the design and construction of new concrete bridge structures. The projects, funded by local councils and government bodies, aim to enhance the safety and efficiency of local road networks. Managing Director & Chief Executive Officer, Mark Benson, expressed pride in the company's track record and the collaborative efforts of all levels of government. These projects are expected to contribute to Saunders' revenue and earnings in FY25 and FY26.