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Saunders International Limited (ASX:SND)

ALERT: Price-sensitive ASX Announcement for SND
Current share price for SND : $1.015 0.195 (23.78%)+
Announcement
Release
17 Oct 2025 9:43AM
Price at Release
$0.820
Full Release
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Summary
Saunders International Limited (ASX:SND) announced the acquisition of a $19.8 million contract from PARC Engineering to construct 11 tanks in the Northern Territory, reinforcing its role in the resources sector. This contract complements Saunders' ongoing projects at the Kalgoorlie Consolidated Gold Mine and highlights its capabilities in rapid mobilization, collaborative project management, and a strong commitment to safety. The project is set to commence immediately, impacting revenue and earnings in the financial years 2026 and 2027. Saunders continues to diversify its portfolio across Defence & Government, Energy, Water, and Resources & Industrials sectors.
Key Points
  • Saunders secures $19.8 million contract with PARC Engineering.
  • Construction involves 11 tanks in Northern Territory.
  • Strengthens position in the resources sector.
  • Builds on existing projects with Northern Star Resources and Primero.
  • Project commences immediately, contributing to FY26 and FY27.
  • Saunders known for rapid mobilization and safety commitment.
  • Diversification across multiple sectors including Defence & Government.
  • Announcement authorized by the Board of Saunders International Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.