Sprintex Expands Turkey Distributor Deal, Wins $245,000 Order; Shares Rise 6%

MT Newswires Live
19 Jun

Sprintex (ASX:SIX) has extended its distribution deal with Turkey's Net 0 Enerji by two years to June 2029 and doubled the five-year minimum order commitment to $6.5 million from $3.9 million, according to a Thursday filing with the Australian bourse.

The company also said the distributor has ordered 20 high-pressure G15 Jet Blowers for $245,000.

Shares of the company rose 6% in recent Thursday trade.

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