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Civmec Limited (ASX:CVL)

ALERT: Price-sensitive ASX Announcement for CVL
Current share price for CVL : $1.860 0.305 (19.61%)+
Announcement
Release
13 Feb 2026 8:20AM
Price at Release
$1.555
Full Release
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Summary
Civmec Limited reported robust financial results for the first half of the 2026 financial year, with a revenue of A$380.4 million and an EBITDA of A$46 million, reflecting a 12% margin. The net profit after tax amounted to A$21.4 million, with a net profit margin of 5.6% and earnings per share of 4.21 Australian cents. The company's order book increased to A$1.35 billion, highlighting successful tender conversions and a strong pipeline across multiple sectors. Notable project highlights include significant contracts with BHP for the Port Debottlenecking Project, the completion of the BHP Car Dumper 4 fabrication, and advancements in the Dalrymple Bay and Chevron projects. Civmec also secured defense industry milestones with the launch of NUSHIP Pilbara, its largest steel naval ship, marking a significant achievement in Western Australia's shipbuilding capabilities.
Key Points
  • Revenue of A$380.4 million for 1HFY26.
  • EBITDA of A$46 million with a 12% margin.
  • Net profit after tax (NPAT) of A$21.4 million.
  • Earnings per share of 4.21 Australian cents.
  • Order book increased to A$1.35 billion.
  • Interim dividend of 2.5 Australian cents declared.
  • Successful projects with BHP and Fortescue.
  • Launch of NUSHIP Pilbara, marking naval shipbuilding milestone.
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.