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EVZ LIMITED — Capital/Financing Update 2018
Mar 1, 2018
64889_rns_2018-03-01_d229af0c-ce68-441c-9307-e97f0b640864.pdf
Capital/Financing Update
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2 March 2018
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The Manager Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000
NEW CONTRACT APPOINTMENTS - BROCKMAN
EVZ Limited (ASX:EVZ) is pleased to announce recent project success.
Brockman Engineering Pty Ltd has been selected to form a contract for the design, fabrication and construction of two new Jet Fuel Tanks as part of the Exxon Mobil JUHI expansion project at Melbourne Airport, Victoria.
The value of the contract is circa $6.0M with work commencing during March 2018.
In addition to this project success, Brockman has also been awarded the new Cornish Hill Water Tank for Yarra Valley Water (contract value $2.9M) and a significant upgrade in the contract scope and value for the design and construction of Tank 29 at Viva Energy’s Newport Terminal. The contract value has increased from $4.0M to $6.3M due to client initiated scope increase.
These project wins (totaling $11.2M) secure EVZ Limited’s earnings and projected revenue growth strategy for FY2018 and the first half FY2019.
For further information please contact:
Scott Farthing Chief Executive Officer EVZ Limited Tel: +61 3 545 5288 Mob: +61 411 11 7403 Email: [email protected]
About EVZ Limited
EVZ Limited is an industrial group with a portfolio of specialist businesses in the engineering services sector. EVZ operates in the areas of fuel industry mechanical services including bulk tank design and construction, syfonic storm water and roof drainage and power generation plant maintenance through subsidiaries, Brockman Engineering, Syfon Systems and TSF Maintenance Services. www.evz.com.au
EVZ Limited ABN 87 010 550 357
115 | 838 Collins Street, Melbourne VIC 3008 Australia P + 61 3 9545 5288 F + 61 3 9542 6061 www.evz.com.au