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

Reuters2025-12-18

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

** 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))

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