Sprintex (ASX:SIX) said the first large-scale purchase order by a major farming firm of 200 Sprintex-Mest compressor systems valued at 3.8 million euros is expected in March, according to a Monday Australian bourse filing.
It said the commissioning of the Sprintex-Mest compressor operation on saturated steam was completed in the Netherlands, and partner Mest Water is preparing for full-scale production at its newly established 31,000 square meters manufacturing facility in Tubbergen, Netherlands.
System production will begin in March at 30 units per month, equating to 570,000 euros per month in ongoing revenue. It expects to increase the production per month with an anticipated minimum production of 1,000 total units in 2026, valued at 19 million euros.
Its shares rose 9% on market close on Monday.
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