Downer EDI Limited has been awarded a road maintenance contract by Hamilton City Council in New Zealand, valued at up to $540 million over a maximum term of 10 years.
The contract includes asset management, surfacing and renewals for road corridors, footpaths, bridges, culverts, lighting and on-road cycle lanes.
Downer has a long relationship with Hamilton City Council and the contract strengthens its position as the market leader in road services.
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Energy margin data points to earnings upgrades for both gen-tailers.
The sales growth comes at a time of rapid expansion for the firm.
Scott Technology has extended its contract with Rio Tinto, increasing the automation of a third laboratory for the mining giant in Australia.Scott, a New Zealand Exchange-listed industrial automation company, did not provide details on the value of the contract but said the syste...
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