Civmec Wins Shiploader Project Award; Sees Lower Levels of Activity in Fiscal Q3, Q4

MT Newswires Live11-14 09:49

Civmec (ASX:CVL) won an award for the design and construction works for the delivery of a new major ship loader, according to a Thursday filing with the Australian bourse.

The award covers the design, fabrication, preassembly, shipping, and installation activities of a replacement machine, the filing said.

The total project value for the machine is expected to range from AU$90 million to AU$100 million, with handover scheduled for 2028.

The construction and engineering services provider said delays in the timing of key project awards from the first half to the second half of 2025 will result in lower levels of activity during the third quarter and potentially the fourth quarter.

The company's shares were down almost 2% in recent Thursday trade.

Price (AUD): $1.32, Change: $-0.03, Percent Change: -1.87%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483898625?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-14 09:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483898625","market":"sh","top_or_hot":-1,"title":"Civmec Wins Shiploader Project Award; Sees Lower Levels of Activity in Fiscal Q3, Q4","media":"MT Newswires Live","content":"<html><body><p> Civmec (ASX:CVL) won an award for the design and construction works for the delivery of a new major ship loader, according to a Thursday filing with the Australian bourse.</p><p>The award covers the design, fabrication, preassembly, shipping, and installation activities of a replacement machine, the filing said.</p><p>The total project value for the machine is expected to range from AU$90 million to AU$100 million, with handover scheduled for 2028.</p><p>The construction and engineering services provider said delays in the timing of key project awards from the first half to the second half of 2025 will result in lower levels of activity during the third quarter and potentially the fourth quarter.</p><p>The company's shares were down almost 2% in recent Thursday trade.</p><p>Price (AUD): $1.32, Change: $-0.03, Percent Change: -1.87%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Civmec Wins Shiploader Project Award; Sees Lower Levels of Activity in Fiscal Q3, Q4</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCivmec Wins Shiploader Project Award; Sees Lower Levels of Activity in Fiscal Q3, Q4\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Civmec (ASX:CVL) won an award for the design and construction works for the delivery of a new major ship loader, according to a Thursday filing with the Australian bourse.The award covers the design, ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2238339852.HKD","symbol_name":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (HKD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483898625","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483898625","pubTimestamp":1731548944,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Civmec  won an award for the design and construction works for the delivery of a new major ship loader, according to a Thursday filing with the Australian bourse.The award covers the design, fabrication, preassembly, shipping, and installation activities of a replacement machine, the filing said.The total project value for the machine is expected to range from AU$90 million to AU$100 million, with handover scheduled for 2028.The construction and engineering services provider said delays in the timing of key project awards from the first half to the second half of 2025 will result in lower levels of activity during the third quarter and potentially the fourth quarter.The company's shares were down almost 2% in recent Thursday trade.Price : $1.32, Change: $-0.03, Percent Change: -1.87%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2238339852.HKD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (HKD) ACC","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","BK7055":"建筑与工程","BK4125":"广播","BK6045":"建筑与工程","BK6520":"工商业服务概念","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","CVL.AU":"CIVMEC LTD/CDI","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","P9D.SI":"CIVMEC公司","AUD":"Audacy Inc."},"translate_title":"Civmec荣获装船机项目奖；预计第三季度和第四季度的活动水平较低","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AUD":1,"P9D.SI":1,"CVL.AU":0.9},"content_text":"Civmec (ASX:CVL) won an award for the design and construction works for the delivery of a new major ship loader, according to a Thursday filing with the Australian bourse.The award covers the design, fabrication, preassembly, shipping, and installation activities of a replacement machine, the filing said.The total project value for the machine is expected to range from AU$90 million to AU$100 million, with handover scheduled for 2028.The construction and engineering services provider said delays in the timing of key project awards from the first half to the second half of 2025 will result in lower levels of activity during the third quarter and potentially the fourth quarter.The company's shares were down almost 2% in recent Thursday trade.Price (AUD): $1.32, Change: $-0.03, Percent Change: -1.87%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483898625"}