GCS awarded Westfield contract worth $27.5M

Company News

by David Chau

The Scentre Group has awarded Global Construction Services (ASX:GCS) a contract worth $27.5 million.

Under this deal, GCS will perform works for stage 1 of the Westfield Carousel Shopping Centre redevelopment in Perth.

GCS’s scope of work involves the provision of formwork, concrete supply, concrete pumping, and concrete placement.

GCS’s work will be carried out over a 9-month period and is due to commence at the end of March.

Last month, Global Construction Services reported that its first-half underlying net profit rose 24% to $7.8 million.

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