Verbrec Ltd - Positive signals for the sector

275 Views27 May 2025 07:00

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SUMMARY

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.

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