The directors of Saferoads Holdings Limited provided a trading update for the March quarter. On the back of the previously announced $1.2 million order for the initial supply of T-LOKTM concrete barriers to a national equipment hire business for their Victorian rental fleet, the company has secured an initial order for barriers from the same customer for their New South Wales rental fleet, valued at $1.17 million. Both orders are expected to be substantively fulfilled in the current half.

In addition, Road Safety Rental business continues to grow, and has secured further contract works, including the Healesville-Koo Wee Rup Road upgrade which is part of the Major Roads Projects Victoria suburban roads program, and the Melbourne Airport Terminal 4 (T4) Express Link project.