SSM service stream limited

News: SSM Service Stream would cease undertaking new developments work for nbn in NSW

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    Sept 23 (Reuters) - Service Stream Ltd (SSM) :

    • Would cease undertaking new developments work for NBN in NSW and the western region following expiry of its contract
    • New developments is small contract for Service Stream estimated to contribute $20M in revenue p.a. going forward
    • Does not expect absence of revenues from new developments contract in second half of FY will have material impact on FY 2017 earnings
 
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Last
$1.95
Change
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Mkt cap ! $1.201B
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