Australia's Civmec rises on securing new contracts and extensions

Civmec

06/10/2026 24:30

** Shares of Australia's Civmec CVL.AX rise as much as 5.3% to A$1.795, logging their biggest intraday pct gain since June 16
** Stock hits its highest level since September 10
** Construction & engineering services firm says it has recently secured a series of new contract awards and extensions
** Adds, contracts have a combined value of A$220 million ($153.27 million)
** Stock up over 20% this year, including the day's move

($1 = 1.4353 Australian dollars)

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