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03-Oct-2019

Depa secures AED115mn superyacht fit-out contract

Depa PLC (Depa) announced securing a EUR29mn (AED115mn) contract through its German-based key business unit, Vedder. The contract covers the interior fit-out package for a new-build superyacht project. 
 
DEPA: AED0.62 as of 2 Oct. 2019, Rating: Buy, TP: AED1.40/share, MCap: USD104mn, DEPA DU/DEPA.DI
 

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