Acrow Formwork and Construction (ASX: ACF) is a hirer of formwork and scaffolding systems to large construction and civil infrastructure providers.
Announcement - 16/1/20:
Acrow announced that it has received a significant order from BKH Group for the sale of the Acrow Powershore high load shoring system, to be used as part of the formwork solution for the construction of the Sydney Metro Barangaroo Station. Delivery of the product is set for late April/early May. Exact quantities to be supplied are being finalised, however the sale will be worth between $2 and $3 million when completed.
Market Capitalisation: $71,053,624 (@34.5)
Earnings/Share: 2.88 cents
Price/Earnings Ratio: 11.98
NTA/Share: 24 cents
Dividend/Share: AUD 2 cents
Dividend Yield: 5.8%