ISOTeam clinches 9 new R&R contracts worth $31m

Both from the public and private sectors.

ISOTeam’s orderbook for 2016 is 

The company has announced that it has been awarded six new R&R contracts in the public sector worth SGD29.24m and another three private sector worth SGD1.87m.

Majority of the works will commence from FY16 onwards, hence the new contracts are not expected to have a material impact on the EPS for FY15. As of Jan2015, Isoteam has an order book of SGD70.4m.

With these contract wins, orderbook will be raised to above SGD100m, providing good earnings visibility all the way till FY16.
 

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