ASX Industrials Shares News: UGL Limited (UGL)

ASX Industrials Shares News: UGL Limited (UGL)|ASX:UGL StocksUGL Limited (formerly known as United Group), (ASX:UGL) is an engineering and services company providing industrial maintenance, manufacturing, engineering, transport facilities management and corporate real estate services to blue chip companies and governments throughout Australia, New Zealand, Asia, US and the UK.

Industrials stock UGL, today announced that it has successfully secured approximately $200 million in new contracts, while renewing several old contracts.

Managing Director and CEO, Richard Leupen said that strong momentum of contract wins is consistent with UGL’s strategy of maintaining and growing a stable base of recurring revenue.

Mr Leupen also added the business remains healthy and is well positioned to support the growth outlook within the business.

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