AustraliaDaily Briefs

Daily Brief Australia: Verbrec and more

In today’s briefing:

  • Verbrec Ltd – Positive signals for the sector


Verbrec Ltd – Positive signals for the sector

By Research as a Service (RaaS)

  • Verbrec Limited (ASX:VBC) provides engineering, asset management, infrastructure services and training to the energy, mining, infrastructure and defence industries in Australia, New Zealand, PNG and the Pacific Islands.
  • The company has released a business update, including news of the recent securement of $11.0m in engineering and construction projects.
  • This is the first sign that the challenging macro environment experienced over the past six months is beginning to improve, particularly in government and government-adjacent sectors such as defence and water.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars