WBHO suffers more losses in Australia
The contractor has made provision for A$20m in the troubled Western Roads Upgrade project
03 March 2020 - 20:44
Construction company Wilson Bayly Holmes-Ovcon (WBHO) has made a provision of A$20m (R202.4m) for expected losses in the roads project it is working on in Melbourne, Australia, says CEO Wolfgang Neff.
This adds to the company’s losses on the project after a previous A$50m loss provision on the Western Roads Upgrade (WRU) project in Australia...
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