Australia's Verbrec hits over one-week high on contract wins

Verbrec

18/12/2025 02:15

** Shares of Australia's Verbrec VBC.AX rise 2.9% to A$0.175, their highest since December 9

** Engineering and mining tech co awarded contracts exceeding A$20 million ($13.20 million) in H1 FY2026

** Contracts include engineering services for a biogas facility in New Zealand, an extension of its operations and maintenance contract for a gas pipeline in Queensland, among others

** YTD, shares up 29.6%

($1 = 1.5152 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))