Back 08 May 2025

Civmec's Q3 FY25 Momentum: Financial Strength and Strategic Moves Position Company for Future Growth

Link: https://links.sgx.com/1.0.0/corporate-announcements/VVWY9XKLCPJ42FPZ/3a75dcaa7cbabcf19d510705b9103e0cb8974dad1242c3f1158f4381643be38b

Summary:

  • Civmec reported revenue of A$158.5 million and an EBITDA of A$19.2 million (12.1% margin) for the third quarter of FY25.
  • The company's order book remains robust at over A$760 million, following recent contract awards totaling A$285 million.
  • Significant future opportunities are anticipated, with tendered works valued at A$13.2 billion and an OEM pipeline of A$2.8 billion.
  • Strategic initiatives are underway, including the acquisition of Luerssen Australia and the establishment of new facilities in key regions to enhance capabilities and market reach.
  • The outlook is positive, underpinned by substantial investment prospects across the Energy, Resources, Infrastructure, Marine, and Defense sectors in Australia.