StockMarketWire.com - RA International Group said it had won a contract from Facilities Development Corporation, though it added it would attract a lower margin than usual.

The contract involved providing construction services in connection with the refurbishment and upgrade of the US Embassy in Denmark.

The works were due to commence in the second quarter of 2019 and expected to complete in late 2021.

The nature and geographical location of the services being provided were expected to lead to a lower margin being generated than the company would typically earn on this type of project in remote locations, the company said.

'The board believes, however, that successful delivery of this contract will be another clear demonstration of RA International's ability to execute significant and high-profile projects,' it added.




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