Link: https://links.sgx.com/1.0.0/corporate-announcements/L6QIDKU99AKPPIA7/c2d1ca8d80bf163d5089f235233fc54d3c6d1b3c6154a1c06a6b03894ea8af5c

Summary:

• Revenue: A$810.6 million for FY2025 (down from A$1,033.5m in FY2024); H2 revenue A$307.7m (prior year H2: A$541.1m).

• Net Profit: A$42.5 million (down from A$64.4 million), with profit for H2 at A$16.0m (H2 FY24: A$32.5m).

• EBITDA: Not stated explicitly, but gross profit A$92.9m (down from A$119.0m); group maintained positive operating results despite revenue decline.

• Earnings per Share: 8.37 cents basic (12.7c FY24), 8.27c diluted (12.57c FY24).

• Net Asset Value: A$530.8 million (A$104.4c per share, up from A$488.5m/A$96.2c per share).

• Dividend: A$30.5 million paid in FY2025 (prior year A$27.9m).

• Balance Sheet: Cash and cash equivalents A$102.9m (up from A$88.5m), with total borrowings at A$68.0m. Total assets A$911.9m.

• Segment Overview: Resources and Infrastructure & Defence remained largest contributors; margin discipline, lower admin cost, and fair value gains on land/buildings.

• Other Highlights: Share capital increased slightly (508.5m shares), strong asset base, increased investment properties valuation, and property, plant, and equipment valuation gains.

• Outlook: Management notes risk from contract timing and cost escalation but points to a strong order book, engineering pipeline, and operational improvements.

Civmec remains focused on heavy engineering, construction, energy, infrastructure, and modularization in Australia and the region, sustaining shareholder returns and prudent balance sheet management.