UGL secures $120M in contracts

Company News

UGL Limited (ASX:UGL) says it’s secured $120 million worth of contract wins across its global property services business.
The contracts include a new three-year property management contract to advise Rolls Royce on its real estate assets across Europe, the Middle East and Africa.
It also includes an extension to its global service contract with Du Pont, to act as transaction adviser as well as a five-year contract to deliver facilities management services to Aspire Zone in Qatar.
In addition, UGL has secured a new three-year contract with Texas Instruments to provide operations and maintenance services to its US headquarter campus. It has also completed a number of deals in China worth about $US1.4 billion.
UGL generated a net profit of $28 million in the first half of fiscal 2013. 

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