CORRECT: McConnell Dowell NZ lifts full-year sales by 36% after winning Watercare, NZTA contracts

Tue, 23 Aug 2016

(Corrects details of construction consortia in fourth and sixth paragraphs) By Jonathan Underhill Aug. 23 (BusinessDesk) - McConnell Dowell Constructors posted a 36 percent gain in full-year revenue after winning contracts including the expansion of Watercare's Mangere Wastewater Treatment Plant and the NZ Transport Agency's Russley Road project in Christchurch. Revenue rose to $278.7 million in the 12 months ended June 30 from about $205 million a year earlier, according to the Auckland-based company's financial statements. It expects...

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