Saunders Secures $16.4M Contract in the Energy Market

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Stock Saunders International Ltd (SND.ASX)
Release Time 15 Jan 2026, 9:30 a.m.
Price Sensitive Yes
 Saunders Secures $16.4M Energy Contract
Key Points
  • Awarded $16.4M project at Ampol's Lytton Refinery in Brisbane
  • Project to renew and refurbish existing fuel storage tank
  • Reinforces Saunders' strong relationship with long-term client Ampol
Full Summary

Saunders International Limited (ASX:SND) has announced that it has secured a $16.4 million project at Ampol's Lytton Refinery in Brisbane. The project scope includes the renewal and refurbishment of an existing fuel storage tank, supporting Ampol's ongoing investment in upgrading and future-proofing critical refinery infrastructure. The award was made under Saunders' Master Services Agreements with long-term client Ampol, further reinforcing the strength of the relationship and Saunders' position as a trusted delivery partner in the Energy market. The award reflects Saunders' market-centric strategy, which focuses on four key sectors - Defence & Government, Water, Energy and Resources & Industrials - and the Company's continued success in delivering complex infrastructure projects through long-term partnerships. Saunders' Managing Director and Chief Executive Officer, Angelo De Angelis, stated that the award reinforces the strength of the company's Energy market strategy and the confidence its long-term clients place in Saunders to deliver essential infrastructure. The project will commence immediately and is expected to contribute to Saunders' revenue and earnings in FY26 and FY27.

Guidance

The $16.4 million project is expected to contribute to Saunders' revenue and earnings in FY26 and FY27.