Brief: Austal Posts FY Revenue AUD 2,000 Million

Austal

31/08/2026 02:36

Aug 31 (Reuters) - Austal Ltd ASB.AX:
FY REVENUE AUD 2,000 MILLION
FY EBIT AUD -125.2 MILLION
FY NET INCOME AUD -53.6 MILLION
SEES CLEAR PATHWAY TO DOUBLING REVENUE OF OUR  AUSTRALASIAN BUSINESS IN NEXT FIVE YEARS
BOARD AND MANAGEMENT COMMITTED TO DELIVERING A RETURN TO PROFITABILITY IN FY2027
TWO MAJOR EXPANSION PROJECTS IN USA ARE PROGRESSING WELL
IN  US, COMPANY WILL WORK WITH HANWHA ON ACCELERATED DUE DILIGENCE TIMETABLE
NO DIVIDENDS WERE DECLARED FOR FY2026
LONGER TERM, COMMONWEALTH PLANS TO BUILD 8X MOGAMI-CLASS GENERAL PURPOSE FRIGATES & 6X OPTIONALLY CREWED SURFACE VESSELS IN WESTERN AUSTRALIA
Further company coverage: ASB.AX

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