Australia's Environmental Group jumps as unit secures A$12.7 mln contract

Environmental

18/04/2024 02:30

** Shares of Environmental Group  EGL.AX  rise as much as
2.9% to A$0.268, their highest level since April 12
    ** Emission control systems provider says its unit Baltec
IES secured A$12.7 mln ($8.19 mln)
    ** Says contract for engineering, design, supply and
installation of two stage gas turbine silencer and exhaust gas
system to Engie Group in Australia 
    ** Stock up 2% this year as of last close


($1 = 1.5516 Australian dollars)

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))