A bevy of large contract wins have delivered a financial boost to engineering and construction company EVZ (ASX: EVZ) which has expanded into new regions that are seeing growth thanks to major project works. Brockman Engineering, a key subsidiary under EVZ, continues to make significant strides with their Viva Energy Strategic Storage project, located adjacent
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There is a massive spotlight on high-growth industries like infrastructure, mining and construction, especially as immigration booms and property prices rise. For companies like industrial products distributor Coventry Group (ASX: CYG), this is the opportunity to milk the potential cash cow.
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Aussie real estate has suffered on multiple fronts over the past year. Rising interest rates, inflation, labour shortages, lack of materials (plus the high costs) and unfavourable weather gave birth to a rather bitter financial cocktail for companies, like home building company Simonds Group (ASX: SIO). In FY23, its revenue saw a minor uptick of
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Material tech company Matrix Composites & Engineering (ASX: MCE) has secured a significant contract with TransOcean, a leading offshore drilling company, to supply drilling riser buoyancy modules. This contract, valued at $4 million, is expected to further bolster Matrix’s position as a premier supplier in the industry. The buoyancy modules will be manufactured and delivered
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Picture this: You conjure up your dream house on paper; the next day, a robot turns it into reality. That’s the idea robotic tech company FBR (ASX: FBR) is realising with its Hadrian X Wall-as-a-Service technology. However, it’s not without its roadblocks. Australia has been facing a housing shortage for the past year, propelled by
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Melbourne-based Damstra Technology (ASX: DTC) has been appointed as a tech partner on one of Victoria’s most extensive road projects, led by Spark Consortium. Damstra is a global technology company that operates various software products that assists with security and communications for mining, construction, government and education industries. Spark Consortium comprises eight different partnerships contracted
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