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Ventia Services Group Limited ( (AU:VNT) ) just unveiled an update.
Ventia Services Group Ltd has secured a significant contract with the Australian Defence Force valued at approximately $935 million, set to begin in May 2026 for an initial seven-year term, with options to extend for up to 13 more years. This contract, which involves partnering with Australian organizations for clothing design, supply, warehousing, and distribution, reinforces Ventia’s position as a trusted partner in the Australian Defence market and highlights its expertise in delivering integrated solutions in complex environments.
The most recent analyst rating on (AU:VNT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.
More about Ventia Services Group Limited
Ventia is a leading essential infrastructure services provider operating in Australia and New Zealand, with a workforce of over 35,000 people across more than 400 sites. The company focuses on a wide range of industry segments, including defence, social infrastructure, water, electricity and gas, resources, telecommunications, and transport, aiming to redefine service excellence through client-focused, innovative, and sustainable solutions.
Average Trading Volume: 1,879,162
Technical Sentiment Signal: Buy
Current Market Cap: A$4.39B
See more insights into VNT stock on TipRanks’ Stock Analysis page.