Australia's Boom Logistics hits over 8-year high on contract win

Boom Logistics

08/10/2026 24:37

** Shares of Australia's Boom Logistics BOL.AX rise as much as 1.2% to A$2.47, hitting their highest level since July 2, 2018
** Diversified lifting and logistics business awarded contract for works at a wind farm in Western Australia
** Co to provide crane services to assist in the installation of key components for wind turbines
** BOL adds contract to generate A$18 million ($12.53 million) in revenue over 35 weeks
** Stock up over 40% YTD, including the day's move

($1 = 1.4368 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))