civmec
Civmec Q1 earnings fall 30.9% to A$10.5 million
Revenue is down 27.5% year on year at A$190.4 million
Civmec’s H2 net profit sinks 50.7% as activity eases after delivering major contracts
A final dividend of A$0.035 per share was declared for the period, unchanged from the year before
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to consolidate the country’s sovereign shipbuilding capability under a single unit
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
Revenue rises 2.2% to A$502.9 million for the half-year, from A$492.3 million
Civmec wins shiploader project; order book remains above A$800 million
Company cautions that delays to the timing of key project awards in FY2025 is expected to result in lower levels of activity in Q3 and potentially Q4 of FY2025
Civmec inks deal detailing transfer of ownership of NVL subsidiary
All assets, employees and licences will be transferred to ensure the uninterrupted design and build of six offshore patrol vessels under an existing contract
Civmec bags multiple contracts worth A$174 million
The deals include fabrication, manufacturing, construction and maintenance work in Australia
Civmec Q3 net profit up 16.9% to A$17.1 million
Earnings per share come in at A$0.034, up from A$0.029 in the same period last year
Civmec H1 earnings up 12.9%, declares dividend of A$0.025 per share
ENGINEERING and construction company Civmec posted a 12.9 per cent increase in net profit to A$31.9 million (S$27.9 million) for the first half ended Dec 31, 2023, on the back of higher revenue.
Civmec aims to build on growth through continued cost management, maintenance segment boom
CONSTRUCTION and engineering services provider Civmec is on a roll.
