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Macmahon Secures $86 Million Contract for Yan Yean Road Project

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Macmahon Secures $86 Million Contract for Yan Yean Road Project

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An update from Macmahon Holdings Limited ( (AU:MAH) ) is now available.

Macmahon Holdings Limited’s subsidiary, Decmil, has secured an $86 million civil contract with Major Road Projects Victoria for the Yan Yean Road project. This project involves significant road infrastructure upgrades and marks the fifth project awarded to Decmil under MRPV’s collaborative procurement approach. The contract is expected to enhance Macmahon’s order book for FY26 and FY27, reinforcing its strong market position in civil infrastructure projects.

The most recent analyst rating on (AU:MAH) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Macmahon Holdings Limited stock, see the AU:MAH Stock Forecast page.

More about Macmahon Holdings Limited

Macmahon Holdings Limited is an ASX-listed company that provides comprehensive mining and civil infrastructure services across Australia and Southeast Asia. The company is recognized for its expertise in surface and underground mining, as well as civil infrastructure, serving a diverse range of sectors including resources, public infrastructure, and renewables. Macmahon is committed to fostering strong, transparent relationships with clients to achieve mutually beneficial outcomes while minimizing risks.

YTD Price Performance: 24.24%

Average Trading Volume: 2,363,175

Technical Sentiment Signal: Buy

Current Market Cap: A$861.1M

See more data about MAH stock on TipRanks’ Stock Analysis page.

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