ASG signs $25M contract

Company News

ASG Group Limited (ASX:ASZ) has signed contracts worth $25 million and is in the process of finalising a further $60 million worth of agreements.
 
The IT service provider says its contracts are with a range of new and existing clients and extend across an average of four year terms.
 
About 60 per cent of the signed and anticipated agreements are for New World Computing.
 
ASG says the contracts will contribute to year-on-year revenue growth for full year 2013.
 
ASG Group posted a net loss of $6.7 million in the first half of the current financial year.