Saunders secures $10.4M Water Infrastructure Project in NSW

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Stock Saunders International Ltd (SND.ASX)
Release Time 22 Dec 2025, 10:03 a.m.
Price Sensitive Yes
 Saunders secures $10.4M Water Infrastructure Project in NSW
Key Points
  • Construction of an 8ML potable water reservoir
  • Construction of a 1.7ML recycled water reservoir
  • Associated stairways, walkways and structural support infrastructure
Full Summary

Saunders International Limited (ASX:SND) has been awarded a $10.4 million contract by Ward Civil to deliver new water storage infrastructure as a part of the Wilton Integrated Services Program (WISP) in South West Sydney. Saunders' scope includes the construction of an 8ML potable water reservoir, a 1.7ML recycled water reservoir, and associated stairways, walkways and structural support infrastructure. The project will draw on specialist capability from across Saunders' core disciplines, including tank fabrication. It further strengthens Saunders' position in the water infrastructure market following recent water projects in metropolitan Sydney, including additional reservoir capacity at Marsfield and a reservoir refurbishment project at Marayong in Sydney's North West. It also leverages the Group's expanded national water capability following the recent integration of Saunders Aqua Metro. Site mobilisation is scheduled to commence in April 2026, with the project expected to contribute to revenue and earnings in FY26 and FY27.

Guidance

The project is expected to contribute to revenue and earnings in FY26 and FY27.

Outlook

Saunders remains positive about the Water sector, a key market for the company. This project strengthens the company's orderbook and further supports its strategic focus on critical infrastructure delivery across Australia.