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Civmec Limited (ASX:CVL)

ALERT: Price-sensitive ASX Announcement for CVL
Current share price for CVL : $1.850 0.305 (19.74%)+
Announcement
Release
15 May 2026 8:18AM
Price at Release
$1.545
Full Release
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Summary
Civmec Limited has announced a strong performance for the third quarter of the financial year 2026 (Q3 FY26), with an order book reaching A$1.3 billion, reflecting a significant increase from the previous year's A$760 million. The company reported a quarterly revenue of A$244.2 million and a net profit after tax of A$13.5 million. Civmec's operational highlights during this period include significant project progress across various sectors and new contract awards, such as the BHP Port Debottlenecking Project, Iluka Eneabba Rare Earths Refinery, and the Chevron DE-PMP Follow-on Award. Additionally, the company has been involved in national defense initiatives with the Australian government's updated National Defence Strategy. Throughout Q3 FY26, Civmec maintained robust tendering activity and continued to emphasize safe project execution and value creation for shareholders.
Key Points
  • Q3 FY26 revenue was A$244.2 million.
  • Order book increased to A$1.3 billion.
  • Net profit after tax for Q3 was A$13.5 million.
  • Significant project awards and progress reported.
  • Involvement in Australian National Defence Strategy.
  • Continued strong tendering activity and client engagement.
  • Focus on safe project execution and shareholder value.
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.