Transfield scores $US183M of new work

Company News


Transfield Services Limited (ASX:TSE) says it has scored $US183 million worth of new work on roads in the US and Canada.

The company has secured a 12-year $US165 million asset management contract with Ontario Ministry of Transportation to start mid 2012. 

A seven-year $US18.45 million contract with the Florida Department of Transportation has been secured for the asset maintenance of roads.

In the first half of its 2011 financial year, Transfield Services recorded a net profit of $14 million.


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