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Civmec Limited (ASX:CVL)

ALERT: Price-sensitive ASX Announcement for CVL
Current share price for CVL : $1.815 0.655 (56.47%)+
Announcement
Release
28 Aug 2025 7:19PM
Price at Release
$1.160
Full Release
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Summary
Civmec Limited announced a record order book of over A$1.25 billion as of 31 July 2025, driven by a combination of large-scale projects and smaller recurring contracts. The company attributes this success to robust tendering activity, strategic acquisitions, and a diversified project base across resources, infrastructure, energy, and defence sectors. The acquisition of Luerssen Australia significantly bolsters Civmec's position in the defence sector, enhancing its capabilities in naval shipbuilding. Financially, Civmec reported a revenue of A$810.6 million for FY2025, with an EBITDA margin of 11.3% and a net profit of A$42.5 million. The company also declared total dividends of 6.0 cents for FY2025. Strategic expansions into emerging sectors such as critical minerals and green technology align with Australia's transition to a low-carbon economy.
Key Points
  • Record A$1.25 billion order book as of 31 July 2025.
  • Successful acquisition of Luerssen Australia.
  • Revenue of A$810.6 million for FY2025 with an EBITDA of A$91.7 million.
  • Net profit after tax of A$42.5 million for FY2025.
  • Declared total dividends of 6.0 cents for FY2025.
  • Strong strategic positioning in emerging sectors like critical minerals and green technology.
  • Robust tendering activity and project base diversification.
  • Enhanced naval shipbuilding capabilities with Luerssen Australia acquisition.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.