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Duratec Limited (ASX:DUR)

ALERT: Price-sensitive ASX Announcement for DUR
Current share price for DUR : $2.900 0.75 (34.88%)+
Announcement
Release
25 Feb 2026 8:12AM
Price at Release
$2.150
Full Release
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Summary
Duratec Limited reported its 1H FY26 financial results, highlighting a revenue of $273.3 million, which marks a 4.9% decrease from the previous comparable period, but a 2% increase in normalised EBITDA to $27.5 million. The company achieved a record EBITDA margin of 10.0% and increased its NPAT by 3.5%. The results reflect strategic acquisitions and expanded capabilities, emphasized by recent accreditation to ISO 19443, enhancing its role in the nuclear industry. Key projects completed or ongoing include the Tindal fuel project and work for major clients such as the Department of Defence and CSIRO. The order book has strengthened to $400 million, with tenders and pipeline projects holding steady at $1.8 billion and $4.6 billion, respectively. Duratec declared an interim dividend of 1.75 cents per share, fully franked, with a record date of 18 March 2026. Looking forward, the company anticipates robust growth supported by strategic expansion and a strong order book.
Key Points
  • Revenue for 1H FY26 was $273.3 million, a 4.9% decrease from the previous period.
  • Normalised EBITDA increased by 2% to $27.5 million.
  • Record normalised EBITDA margin achieved at 10.0%.
  • NPAT increased by 3.5%.
  • Interim dividend declared at 1.75 cents per share, fully franked.
  • Order book strengthened to $400 million with tenders at $1.8 billion and a pipeline of $4.6 billion.
  • Recent strategic acquisitions include EIG and RGK Resources.
  • The company received ISO 19443 accreditation.
  • Key projects completed include the Tindal fuel project and ongoing major projects will continue into the second half.
  • Significant projects and wins include contracts with the Department of Defence and CSIRO.
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.