Australia's Ventia Services rises on securing road maintenance contracts

Ventia Services

05/05/2026 02:12

** Shares of Ventia Services VNT.AX rise as much as 6.6% to A$5.94, hitting their highest level since February 19

** Infrastructure services provider awarded contracts by the Victorian Department of Transport and Planning

** Contracts to deliver road maintenance services in the Grampians and Eastern metropolitan regions

** Estimated combined contract value of around A$340 million ($243.41 million) over four years

** Contract expected to start from July 1

** YTD, stock down 1.2%, including the day's moves

($1 = 1.3968 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))