Dynamic Group Secures Strong Contract Pipeline
Company Announcements

Dynamic Group Secures Strong Contract Pipeline

Dynamic Group Holdings Limited (AU:DDB) has released an update.

Dynamic Group Holdings Limited has reported a robust start to Q4 FY24 with new contracts valued between $11.1m to $12.9m, contributing to a total order book of over $172m, despite facing a challenging Q3 FY24 with lower fleet utilisation. The company has seen significant business development, with contract awards totaling between $87.4m to $97.1m since the start of Q3 FY24, setting a solid foundation for future growth. Moreover, Dynamic Group’s acquisition of Airwell Flow Testing is expected to enhance its offerings in the water-focused business segment.

For further insights into AU:DDB stock, check out TipRanks’ Stock Analysis page.

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