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Duratec Limited (ASX:DUR)

ALERT: Price-sensitive ASX Announcement for DUR
Current share price for DUR : $2.180 0.04 (1.87%)+
Announcement
Release
26 Aug 2026 8:25AM
Price at Release
$2.140
Full Release
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Summary
Duratec Limited's FY26 Results Presentation highlights significant achievements and financial performance for the fiscal year ending 30 June 2026. The company maintained its revenue at $570.3 million, with a slight decline compared to the previous year, but achieved a substantial increase in gross profit and EBITDA due to disciplined project selection and execution. The order book saw a remarkable 66.9% growth to $650.8 million. Duratec secured ISO 19443 accreditation, enhancing its capability in the nuclear supply chain, and reported zero lost time injuries. Investments in acquisitions and operational capabilities were significant, supporting future growth. The company emphasized sustainability, setting emission reduction targets and enhancing safety and wellbeing frameworks. Looking forward to FY27, Duratec anticipates strong revenue growth, driven by a robust order book and expected project wins.
Key Points
  • Revenue held at $570.3 million, slightly down from FY25.
  • Gross profit increased by 9.9% to $116.9 million.
  • Order book grew 66.9% to $650.8 million.
  • Secured ISO 19443 accreditation for the AUKUS nuclear supply chain.
  • Zero lost time injuries reported.
  • Significant investments in acquisitions and growth initiatives.
  • Strong cash flow and balance sheet supporting future growth.
  • FY27 expected to see strong revenue growth with large project deliveries.
  • Emphasis on sustainability with emission reduction targets set for 2035.
  • Enhanced safety and wellbeing systems implemented.
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.