Saunders Secures $10.4M Wilton Water Reservoir Contract

Saunders International has landed a $10.4 million contract to build new water storage infrastructure in South West Sydney, reinforcing its foothold in the growing water infrastructure sector.

  • Awarded $10.4 million contract for Wilton Integrated Services Program
  • Construction of 8ML potable and 1.7ML recycled water reservoirs
  • Project leverages Saunders’ expanded water capabilities post-Aqua Metro integration
  • Site mobilisation to begin April 2026, revenue expected in FY26 and FY27
  • Strengthens Saunders’ position in Sydney’s water infrastructure market
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Contract Win Highlights Strategic Growth

Saunders International Limited (ASX – SND) has announced a significant contract win valued at $10.4 million to deliver critical water storage infrastructure in South West Sydney. The project forms part of the Wilton Integrated Services Program (WISP), a key initiative addressing the region’s growing water demand driven by population growth.

The scope of work includes the construction of an 8 megalitre potable water reservoir and a 1.7 megalitre recycled water reservoir, alongside essential stairways, walkways, and structural supports. This contract not only adds substantial value to Saunders’ order book but also demonstrates the company’s multidisciplinary expertise, particularly in tank fabrication and water infrastructure.

Building on Recent Successes and Expanded Capabilities

This project builds on Saunders’ recent water infrastructure achievements in metropolitan Sydney, including reservoir capacity expansions at Marsfield and refurbishment works at Marayong. The company’s recent integration of Saunders Aqua Metro has broadened its national water infrastructure capabilities, positioning it well to capture further opportunities in this sector.

Angelo De Angelis, Managing Director and CEO, emphasised the strategic importance of this contract, noting it as a vital addition to Saunders’ growing water portfolio. He highlighted the increasing water demand in South West Sydney and the company’s confidence in the water sector as a key market segment.

Looking Ahead – Project Timeline and Financial Impact

Site mobilisation is scheduled for April 2026, with the project expected to contribute positively to Saunders’ revenue and earnings across fiscal years 2026 and 2027. While detailed financial guidance was not disclosed, the contract’s size and scope suggest a meaningful boost to the company’s medium-term financial outlook.

As urban growth continues to drive infrastructure needs in Sydney and beyond, Saunders’ strengthened position in water infrastructure could translate into further contract wins and sustained revenue growth. Investors will be watching closely for updates on project progress and any new contract announcements in this vital sector.

Bottom Line?

Saunders’ latest contract win cements its role in Sydney’s expanding water infrastructure landscape, setting the stage for future growth.

Questions in the middle?

  • How will Saunders manage project execution risks given the scale and complexity?
  • What pipeline of water infrastructure projects could follow this contract win?
  • How will the integration of Saunders Aqua Metro continue to influence future contract opportunities?