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GR Engineering set for $14m net profit on Nova contract

Trevor Hoey
Trevor HoeyColumnist
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Engineering and construction group GR Engineering is one of few companies with exposure to the mining services sector that offers both clarity regards its operations and a relatively risk-free forward revenue stream.

Regards the latter, its order book received a substantial boost in June with the award of a $114 million contract by Sirius Resources in relation to the design and construction of the mineral processing plant for its Nova nickel project.

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Trevor uses economic trends and fundamental analysis to identify quality stocks across all sectors. Trevor analyses breaking news, giving active investors an important edge. Connect with Trevor on Twitter. Email Trevor at thoey1@bigpond.com

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    Original URL: https://www.afr.com/companies/gr-engineering-set-for-14m-net-profit-on-nova-contract-20150609-ghjwiw