UGL gains on contract with Hazelwood

UGL has lifted after securing a new contract with Hazelwood Power.

UGL has leapt after securing a $110 million contract to perform maintenance works on Hazelwood Power's brown-coal-fired power station in Victoria.

The engineering company's share price gained 3.65% to $7.10 in morning trade, helping it to pare heavy falls from its profit warning back in May.


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