Australia's SKS Technologies surges on contract awards and forecast upgrade

SKS Technologies

05/02/2026 03:44

** Shares of SKS Technologies SKS.AX rise as much as 13.5% to A$4.005, post their biggest intraday pct gain since May 22, 2025

** Co has been awarded contracts totaling A$60 million($41.81 million) across data centre and corporate clients

** Expects FY26 revenue to increase from November forecast of A$320 million to A$340 million

** Shares slid 12.4% in January

($1 = 1.4351 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))