Over the past few days:
1. $80m pa, 3-year contract for maintenance services at BHP Iron Ore
2 $130m, 18-month contract to build wind farms in Victoria (won by Zenviron, in which MND is a JV partner)
3. $110m pa, 4-year water infrastructure upgrade project in New South Wales
In the context of a business with annual revenues that run at around $1.5bn to $1.7bn pa, those are not immaterial revenue additions.
Within the first quarter of this financial year, it looks like they have largely plugged the dreaded FY2018 earnings hole.
Ann: Monadelphous appointed to Hunter Water Corporation Panel, page-2
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