WC, re the $62m Smith Street / Olsen Ave interchange project announce Jan 2014, SWL actually included that as part of the $150m work secured during 1H2014 (see Results Presentation). It is a little unclear how much project income relates to FY15, but the company tended to emphasise the importance of the contract in reaching its FY14 forecasts.
Irrespective, my point mainly is that SWL is a little light on for work for 2015 at the moment so the RC acquisition will certainly be welcome in bringing in more revenue for the company.
SWL Price at posting:
$1.58 Sentiment: None Disclosure: Held