Matrix Composites & Engineering has announced $61 million in new contracts, taking its order book through February 2013 to $105 million.
The Perth-based company announced today $47 million of the new contracts related to the production of riser buoyancy for various clients, while a further $14 million in orders were received for iron ore car dumper components, drilling centralisers and other various products and services.
Matrix said quoting activity remained busy, with a total of $560 million in tenders in the market.
At close of trade Matrix shares were down 1.5 per cent to $3.18.
