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Company News Summary

Spotless Group Holdings Announces Continued Contract Wins and Renewals

11 Jul 2017  |  10:11:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Spotless announces continued contract wins and renewals

Spotless Group Holdings announced a number of new contract wins and renewals with a combined total contract value of over $250m. It also advises that it has reduced its preliminary unaudited net debt position by $65m during the second half of FY2017, $15m better than the Company's previous guidance for the year ended 30 June 2017. It also notes that the recently acquired Cabrini laundry is operational following a highly successful mobilisation process.

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