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SciDev Ltd (ASX:SDV)

ALERT: Price-sensitive ASX Announcement for SDV
Current share price for SDV : $0.125 -0.175 (-58.33%)+
Announcement
Release
30 Jun 2025 9:33AM
Price at Release
$0.300
Full Release
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Summary
SciDev Ltd (ASX: SDV) announced the securing of two high-value contracts for the supply of water treatment chemicals and engineering services. The contracts, valued at approximately A$17.5 million combined, involve supplying operational and technical support to two major infrastructure projects in Australia: a significant tunnel construction project in Victoria and a water recycling initiative in New South Wales. The contracts are expected to contribute to SciDev’s revenue and EBITDA during FY2024, and reinforce the company’s position as a leading provider of water treatment solutions within the infrastructure and resources sectors. These wins demonstrate the increasing demand for advanced water treatment technologies and highlight SciDev’s capacity to deliver tailored chemical solutions and engineering expertise for complex projects.
Key Points
  • SciDev Ltd secured two high-value contracts worth around A$17.5 million.
  • Contracts pertain to supply of water treatment chemicals and engineering services.
  • Projects include a major tunnel construction in Victoria and a water recycling project in New South Wales.
  • Contracts are expected to positively impact revenue and EBITDA in FY2024.
  • The deals reinforce SciDev’s position as a leading provider of water treatment solutions.
  • The contracts reflect growing demand for advanced water treatment technologies.
  • SciDev will provide both chemical products and technical/operational support.
  • Highlights SciDev’s ability to deliver tailored solutions for complex infrastructure projects.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.