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SU Group Holdings Limited Ordinary Shares

$0.71 -$27.64 (-97.49%)
NASDAQ · 14 Sep 2026 20:00 UTC
Previous Close
$0.65
Day Range
$0.63$0.73
Year Range
$0.61$55
Market Cap
1.97M
AVG Volume
2.05M
Trailing/Forward PE
-0.5/-
PEG ratio
-0.14
Dividend Yield
-
Next Earnings Date
-
Primary Exchange
NASDAQUS
Revenue (HKD)
025M50M75M100M23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Revenue (HKD) by quarter
PeriodRevenue (HKD)
25 Q484.12M
25 Q253.96M
25 Q153.96M
24 Q445.16M
24 Q345.16M
24 Q245.92M
24 Q145.92M
23 Q433.32M
23 Q333.32M
23 Q248.52M
Net Income (HKD)
-15M-10M-5M05M10M23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Net Income (HKD) by quarter
PeriodNet Income (HKD)
25 Q4-13.9M
25 Q2-2.26M
25 Q1-2.26M
24 Q4264.81K
24 Q3264.81K
24 Q25.06M
24 Q15.06M
23 Q4-150.29K
23 Q3-150.29K
23 Q25M
Operating Income (HKD)
-20M-10M010M23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Operating Income (HKD) by quarter
PeriodOperating Income (HKD)
25 Q4-14.95M
25 Q2-2.37M
25 Q1-2.37M
24 Q4275.86K
24 Q3275.86K
24 Q25.19M
24 Q15.19M
23 Q4-54.62K
23 Q3-54.62K
23 Q25.43M
EBITDA (HKD)
-15M-10M-5M05M10M23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP EBITDA (HKD) by quarter
PeriodEBITDA (HKD)
25 Q4-13.09M
25 Q2-1.03M
25 Q1-1.03M
24 Q4751.36K
24 Q3761.67K
24 Q25.99M
24 Q15.99M
23 Q4249.69K
23 Q3249.69K
23 Q26.34M
Cash Flows (HKD)
-7.5M-5M-2.5M02.5M5M23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Cash Flows (HKD) by quarter
PeriodCash Flows (HKD)
25 Q4-5.39M
25 Q2-5.82M
25 Q1-5.82M
24 Q40
24 Q30
24 Q22.77M
24 Q12.77M
23 Q4-6.46M
23 Q3-6.46M
23 Q2-695.5K
EPS (HKD)
-10-7.5-5-2.502.523 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP EPS (HKD) by quarter
PeriodEPS (HKD)
25 Q4-9.49
25 Q2-1.64
25 Q1-1.64
24 Q40.02
24 Q30.02
24 Q20.41
24 Q10.41
23 Q4-0.01
23 Q3-0.01
23 Q20.42
Expenses (HKD)
010M20M30MSG&ACapex23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Expenses (HKD) by quarter
PeriodExpenses (HKD)
25 Q424.33M
25 Q212.96M
25 Q112.96M
24 Q410.22M
24 Q310.22M
24 Q28.13M
24 Q18.13M
23 Q411.54M
23 Q311.54M
23 Q27.25M
Cash & Debt (HKD)
020M40M60MCashShort Term Debt23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Cash & Debt (HKD) by quarter
PeriodCash & Debt (HKD)
25 Q425.35M
25 Q240.92M
25 Q140.92M
24 Q452.34M
24 Q352.34M
24 Q247.22M
24 Q147.22M
23 Q416.4M
23 Q316.4M
23 Q223.79M
Debt ratios
-2002040608023 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Debt ratios by quarter
PeriodDebt ratios
25 Q41.24
25 Q267.98
25 Q1-5.71
24 Q4-3.34
24 Q3-3.65
24 Q2-3.43
24 Q1-3.55
23 Q4-0.96
Margins
0%10%20%30%40%23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Margins by quarter
PeriodMargins
25 Q410.4%
25 Q220.35%
25 Q120.35%
24 Q423.23%
24 Q323.23%
24 Q228.98%
24 Q128.98%
23 Q433.83%
23 Q333.83%
23 Q226.27%
Return on Capital
-20%-10%0%10%23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Return on Capital by quarter
PeriodReturn on Capital
25 Q4-16.13%
25 Q2-2.37%
25 Q1-2.37%
24 Q40.27%
24 Q30.27%
24 Q25.59%
24 Q15.59%
23 Q4-0.27%
23 Q3-0.27%
23 Q29.66%
Shares Outstanding
05M10M15M23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Shares Outstanding by quarter
PeriodShares Outstanding
25 Q41.46M
25 Q21.38M
25 Q11.38M
24 Q413.59M
24 Q313.59M
24 Q212.46M
24 Q112.46M
23 Q412M
23 Q312M
23 Q212M
Book Value Per Share (HKD)
02040608023 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Book Value Per Share (HKD) by quarter
PeriodBook Value Per Share (HKD)
25 Q458.82
25 Q269.44
25 Q169.44
24 Q47.19
24 Q37.19
24 Q27.27
24 Q17.27
23 Q44.7
23 Q34.7
23 Q24.31
Total Assets (HKD)
050M100M150M200M23 Q223 Q323 Q424 Q124 Q224 Q324 Q425 Q125 Q225 Q4
SUGP Total Assets (HKD) by quarter
PeriodTotal Assets (HKD)
25 Q4127.76M
25 Q2134.78M
25 Q1134.78M
24 Q4157.08M
24 Q3157.08M
24 Q2153.19M
24 Q1153.19M
23 Q4114.44M
23 Q3114.44M
23 Q2108.03M
Employee Count
0100200300400202320242025
SUGP Employee Count by quarter
PeriodEmployee Count
2025316
2024202
2023257
PE Ratio
0500100015002000med 770Mar 24Jun 24Aug 24Nov 24Jan 25Apr 25Jun 25
SUGP PE Ratio by quarter
PeriodPE Ratio
Jun 2581.2
Jun 2574.54
Jun 2587.85
Jun 25129.86
May 25133
May 25151.34
May 25155.66
May 25123.75
May 25103.09
Apr 2597.89
Apr 25107.61
Apr 25113.24
Apr 2592.96
Mar 25155.28
Mar 25128.64
Mar 25115.93
Mar 25128.44
Feb 25372.09
Feb 25439.55
Feb 25476.62
Feb 25501.86
Jan 25531.83
Jan 25578.77
Jan 25604.59
Jan 25599.49
Jan 25634.94
Dec 24618.1
Dec 24490.27
Dec 24810.15
Dec 24898.27
Nov 24867.61
Nov 24852.35
Nov 24898.97
Nov 24763.59
Nov 24567.74
Oct 24562.07
Oct 24629.14
Oct 24639.38
Oct 24701
Sep 24598.29
Sep 24599.73
Sep 24776.42
Sep 24553.59
Aug 24864.18
Aug 24895.15
Aug 24934.56
Aug 241370.28
Aug 241327.34
Jul 241386.65
Jul 241546.02
Jul 241327.49
Jul 241258.96
Jun 241297.77
Jun 241163.78
Jun 241129.79
Jun 241105.3
May 241235.02
May 241212.13
May 241359.84
May 241172.31
May 241112.27
Apr 241059.5
Apr 24975.2
Apr 241050.78
Apr 241189.69
Mar 241359.14
Mar 241538.11
Mar 241563.37
Mar 241582.85
Mar 241559.58
Feb 241742.59
Feb 241935.68
Feb 241282.08
Feb 241606.64
Free Cash Flow Yield
-300%-200%-100%0%100%med -3.53%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SUGP Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-208.31%
Sep 26-228.02%
Sep 26-231.6%
Aug 26-185.29%
Aug 26-92.65%
Aug 26-74.8%
Aug 26-71.22%
Jul 26-65.28%
Jul 26-61.75%
Jul 26-57.91%
Jul 26-47.97%
Jul 26-35.88%
Jun 26-34.71%
Jun 26-29.08%
Jun 26-31.56%
Jun 26-29.79%
May 26-29.08%
May 26-8.62%
May 26-8.11%
May 26-6.87%
May 26-6.85%
Apr 26-6.67%
Apr 26-6.33%
Apr 26-6%
Apr 26-5.86%
Mar 26-5.82%
Mar 26-6.08%
Mar 26-5.87%
Mar 26-5.78%
Feb 26-5.79%
Feb 26-5.24%
Feb 26-5.01%
Feb 26-5.16%
Jan 26-4.94%
Jan 26-5.2%
Jan 26-4.55%
Jan 26-3.57%
Jan 26-3.83%
Dec 25-3.25%
Dec 25-3.54%
Dec 25-3.14%
Dec 25-3.88%
Nov 25-3.62%
Nov 25-3.54%
Nov 25-3.59%
Nov 25-4%
Oct 25-3.47%
Oct 25-2.72%
Oct 25-2.53%
Oct 25-2.37%
Oct 25-3.36%
Sep 25-4.1%
Sep 25-3.52%
Sep 25-3.64%
Sep 25-3.58%
Aug 25-3.44%
Aug 25-4.97%
Aug 25-3.55%
Aug 25-3.33%
Aug 25-2.88%
Jul 25-2.39%
Jul 25-2.29%
Jul 25-2.07%
Jul 25-4.71%
Jun 25-1.13%
Jun 25-1.23%
Jun 25-1.04%
Jun 25-0.7%
May 25-0.69%
May 25-0.6%
May 25-0.59%
May 25-0.74%
May 25-0.89%
Apr 25-0.93%
Apr 25-0.85%
Apr 25-0.81%
Apr 25-0.98%
Mar 25-0.59%
Mar 25-0.71%
Mar 25-0.79%
Mar 25-0.71%
Feb 250.14%
Feb 250.12%
Feb 250.11%
Feb 250.1%
Jan 250.1%
Jan 25-0.02%
Jan 25-0.01%
Jan 25-0.01%
Jan 25-0.01%
Dec 24-0.01%
Dec 24-0.02%
Dec 24-0.01%
Dec 24-0.01%
Nov 24-0.01%
Nov 24-0.01%
Nov 24-0.01%
Nov 24-0.01%
Nov 24-0.02%
Oct 24-0.02%
Price to Sales
0204060med 1.64Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SUGP Price to Sales by quarter
PeriodPrice to Sales
Sep 260.03
Sep 260.03
Sep 260.03
Aug 260.04
Aug 260.08
Aug 260.1
Aug 260.1
Jul 260.11
Jul 260.12
Jul 260.12
Jul 260.15
Jul 260.2
Jun 260.21
Jun 260.25
Jun 260.23
Jun 260.24
May 260.25
May 260.83
May 260.88
May 261.04
May 261.05
Apr 261.08
Apr 261.13
Apr 261.2
Apr 261.22
Mar 261.23
Mar 261.18
Mar 261.22
Mar 261.24
Feb 261.24
Feb 261.37
Feb 261.43
Feb 261.39
Jan 261.45
Jan 261.38
Jan 261.58
Jan 261.65
Jan 261.53
Dec 251.81
Dec 251.66
Dec 251.87
Dec 251.51
Nov 251.62
Nov 251.66
Nov 251.64
Nov 251.47
Oct 251.69
Oct 252.16
Oct 252.32
Oct 252.47
Oct 251.75
Sep 251.43
Sep 251.67
Sep 251.61
Sep 251.64
Aug 251.71
Aug 251.18
Aug 251.66
Aug 251.76
Aug 252.04
Jul 252.45
Jul 252.56
Jul 252.84
Jul 251.25
Jun 251.42
Jun 251.3
Jun 251.54
Jun 252.27
May 252.33
May 252.65
May 252.72
May 252.17
May 251.8
Apr 251.71
Apr 251.88
Apr 251.98
Apr 251.63
Mar 252.72
Mar 252.25
Mar 252.03
Mar 252.25
Feb 2521.76
Feb 2525.71
Feb 2527.87
Feb 2529.35
Jan 2531.1
Jan 2534.79
Jan 2536.34
Jan 2536.04
Jan 2538.17
Dec 2437.15
Dec 2429.47
Dec 2448.7
Dec 2453.99
Nov 2452.15
Nov 2451.23
Nov 2454.04
Nov 2445.9
Nov 2434.13
Oct 2433.79
EV/EBITDA
050010001500med 602.82Mar 24Jun 24Aug 24Nov 24Jan 25Apr 25Jun 25
SUGP EV/EBITDA by quarter
PeriodEV/EBITDA
Jun 2536
Jun 2532.58
Jun 2539.42
Jun 2561
May 2562.61
May 2572.03
May 2574.25
May 2557.86
May 2547.25
Apr 2544.58
Apr 2549.57
Apr 2552.46
Apr 2542.05
Mar 2574.06
Mar 2560.37
Mar 2553.85
Mar 2560.27
Feb 25290.28
Feb 25343.51
Feb 25372.77
Feb 25392.68
Jan 25416.33
Jan 25452.2
Jan 25472.54
Jan 25468.52
Jan 25496.44
Dec 24483.18
Dec 24382.5
Dec 24634.44
Dec 24703.85
Nov 24679.7
Nov 24667.68
Nov 24704.4
Nov 24597.77
Nov 24443.52
Oct 24439.05
Oct 24491.87
Oct 24499.94
Oct 24548.47
Sep 24467.58
Sep 24468.71
Sep 24607.87
Sep 24432.37
Aug 24677
Aug 24700.76
Aug 24731.75
Aug 241074.52
Aug 241040.75
Jul 241087.4
Jul 241212.77
Jul 241040.86
Jul 24986.95
Jun 241017.48
Jun 24912.07
Jun 24885.34
Jun 24866.07
May 24968.12
May 24918.28
May 241030.61
May 24888
May 24842.33
Apr 24802.2
Apr 24738.09
Apr 24795.57
Apr 24901.21
Mar 241030.08
Mar 241166.19
Mar 241185.4
Mar 241200.21
Mar 241182.52
Feb 241281.1
Feb 241423.16
Feb 24942.29
Feb 241181.08
Price/Operating Cashflow
6007008009001000med 817.36Jan 25Feb 25Feb 25Feb 25Feb 25
SUGP Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Feb 25638.1
Feb 25753.79
Feb 25817.36
Feb 25860.65
Jan 25912.03
Price to Book
0255075100med 3.48Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SUGP Price to Book by quarter
PeriodPrice to Book
Sep 260.09
Sep 260.09
Sep 260.09
Aug 260.11
Aug 260.21
Aug 260.26
Aug 260.28
Jul 260.3
Jul 260.32
Jul 260.34
Jul 260.41
Jul 260.55
Jun 260.57
Jun 260.68
Jun 260.63
Jun 260.66
May 260.68
May 262.29
May 262.44
May 262.87
May 262.88
Apr 262.96
Apr 263.12
Apr 263.29
Apr 263.37
Mar 263.4
Mar 263.25
Mar 263.37
Mar 263.42
Feb 263.41
Feb 263.77
Feb 263.95
Feb 263.83
Jan 264
Jan 263.8
Jan 264.34
Jan 263.41
Jan 263.18
Dec 253.74
Dec 253.44
Dec 253.87
Dec 253.14
Nov 253.36
Nov 253.44
Nov 253.39
Nov 253.04
Oct 253.51
Oct 254.48
Oct 254.8
Oct 255.13
Oct 253.63
Sep 252.97
Sep 253.45
Sep 253.34
Sep 253.4
Aug 253.54
Aug 252.45
Aug 253.43
Aug 253.65
Aug 254.23
Jul 255.09
Jul 255.31
Jul 255.88
Jul 252.58
Jun 252.83
Jun 252.59
Jun 253.06
Jun 254.52
May 254.63
May 255.27
May 255.42
May 254.31
May 253.59
Apr 253.41
Apr 253.75
Apr 253.94
Apr 253.24
Mar 255.4
Mar 254.48
Mar 254.03
Mar 254.47
Feb 2540.56
Feb 2547.92
Feb 2551.96
Feb 2554.71
Jan 2557.98
Jan 2560.64
Jan 2563.34
Jan 2562.81
Jan 2566.52
Dec 2464.76
Dec 2451.37
Dec 2484.88
Dec 2494.11
Nov 2490.9
Nov 2489.3
Nov 2494.19
Nov 2480
Nov 2459.48
Oct 2458.89
SU Group Holdings Limited Ordinary Shares
SUGP
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News: SUGP

SU Group Wins US$2.4 Million Follow-on Award, Expanding Landmark Smart-Hospital Project to US$13.7 Million

prnewswire.com · 26 Aug 2026

SU Group Wins US$2.4 Million Follow-on Award, Expanding Landmark Smart-Hospital Project to US$13.7 Million

Additional Award Broadens the Company's Role in Mission-Critical Healthcare Infrastructure and Strengthens Revenue Visibility HONG KONG, Aug. 26, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that it has secured a follow-on award valued at HK$18.8 million (approximately US$2.4 million) for a major hospital expansion and upgrade project. The new award builds on the Company-record HK$88.5 million (approximately US$11.3 million) contract announced in July 2025 and increases the combined value of SU Group's disclosed contracts for the project to approximately HK$107.3 million (US$13.7 million).

SU Group Secures Exclusive Macao Rights for Award-Winning Robotic Infrastructure Inspection Solution

prnewswire.com · 24 Aug 2026

SU Group Secures Exclusive Macao Rights for Award-Winning Robotic Infrastructure Inspection Solution

New partnership expands SU Group's technology portfolio, strengthens its newly established Macao operation and creates a platform for broader geographic growth HONG KONG, Aug. 24, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that its subsidiary, Shine Union (Macao) Limited ("Shine Union Macao"), has entered into an exclusive distribution agreement with Green Light Multiplex Co. Limited ("GLM") to market, distribute and sell GLM's award-winning Inspec Spider high-mast inspection robot. This represents a new revenue opportunity for the company.

SU Group Holdings Stock Jumps Friday: What's Driving the Move?

benzinga.com · 21 Aug 2026

SU Group Holdings Stock Jumps Friday: What's Driving the Move?

Shares of SU Group Holdings Limited (NASDAQ:SUGP) are surging Friday morning after the company confirmed it has officially regained compliance with Nasdaq's minimum bid price requirement.

SU GROUP HOLDINGS LIMITED REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT

prnewswire.com · 20 Aug 2026

SU GROUP HOLDINGS LIMITED REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT

HONG KONG, Aug. 20, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related services company in Hong Kong, today announced that it has received written confirmation from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and is in compliance with the Nasdaq Capital Market's listing requirements.  As a result, the Company's Class A Ordinary Shares will continue to be listed and traded on The Nasdaq Stock Market under the symbol "SUGP.

SU Group Holdings' Fortune Jet to Expand Security Training and Advisory Services Across Greater China

prnewswire.com · 12 Aug 2026

SU Group Holdings' Fortune Jet to Expand Security Training and Advisory Services Across Greater China

Collaboration establishes a three-stage talent development platform spanning Shenzhen, Hong Kong and Macau, positioning SU Group to address growing demand from Mainland China's security industry HONG KONG, Aug. 12, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that its subsidiary, Fortune Jet Management & Training Co. Limited ("Fortune Jet"), has signed a three-party memorandum of understanding ("MoU") to develop an integrated security training, certification and practical-experience platform serving enterprises across Greater China. Fortune Jet entered into the MoU with Bastion Strategy Education Consulting (Shenzhen) Co., Ltd.

SU Group Holdings Limited Announces Reverse Stock Split

prnewswire.com · 4 Aug 2026

SU Group Holdings Limited Announces Reverse Stock Split

Reverse Stock-Split to be effective on August 6, 2026 HONG KONG, August 4, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that it will effect a 1-for-5 reverse stock split ("Share Consolidation") of its class A ordinary shares, par value HK$0.000001 per share ("Ordinary Shares"). This action was approved by the board of directors of the Company on July 23, 2026 and by written resolution of the Company's majority shareholders on July 23, 2026.

SU GROUP HOLDINGS LIMITED RECEIVES NASDAQ STAFF DELISTING DETERMINATION AND INTENDS TO REQUEST HEARING

prnewswire.com · 3 Aug 2026

SU GROUP HOLDINGS LIMITED RECEIVES NASDAQ STAFF DELISTING DETERMINATION AND INTENDS TO REQUEST HEARING

Timely hearing request will stay suspension of trading and Form 25 filing pending Nasdaq Hearings Panel decision; approved share consolidation expected on or about August 6, 2026 may enable the Company to regain compliance prior to the hearing HONG KONG, Aug. 3, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related services company in Hong Kong, today announced that on August 3, 2026, it received a written determination letter (the "Staff Determination") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that Nasdaq has determined to delist the Company's Class A ordinary shares from The Nasdaq Capital Market unless the Company timely requests a hearing before a Nasdaq Hearings Panel (the "Panel"). The Staff Determination was issued because the closing bid price of the Company's Class A ordinary shares was below $1.00 per share for 30 consecutive business days from June 18, 2026 through July 31, 2026, and the Company therefore did not satisfy the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

SU Group Secures US$1 Million-Plus Government-Linked ELV Security Contract for Major Hong Kong Cultural Facility

prnewswire.com · 7 Jul 2026

SU Group Secures US$1 Million-Plus Government-Linked ELV Security Contract for Major Hong Kong Cultural Facility

New award reinforces SU Group's public-sector execution capabilities, advanced systems integration expertise, and expanding role in Hong Kong's critical infrastructure and cultural development projects HONG KONG, July 7, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that it has been awarded a new Extra Low Voltage ("ELV") security solution contract valued at more than US$1 million, with revenue expected to be recognized by the end of 2026. The contract represents another major public-sector project win for SU Group following its record-breaking ELV contract awarded last year.

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