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Civmec reports $903M revenue for FY26
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Civmec reports $903M revenue for FY26

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  • Civmec achieved full-year revenue of $903 million, up 11.4% from the prior year.
  • Net profit rose 22.5% to $52.1 million, driving total dividends for FY26 to 6 Australian cents per share.
  • Growth across multiple operational sectors and new defence contracts expanded the order book to $1.4 billion.

Civmec (ASX:CVL) reported full-year revenue of $903 million for FY26, representing an 11.4% increase over the previous financial year.

The top-line growth expanded EBITDA by 17% to $107.3 million.

"We grew earnings across a broad mix of sectors, established Civmec Defence Industries as a prime contractor to the Commonwealth, and delivered a strong safety performance across all metrics," said Civmec Chairman James Fitzgerald.

Net profit after tax reached $52.1 million with a net profit margin of 5.8%, while earnings per share increased 22.2% to 10.23 Australian cents.

The company declared a fully franked final dividend of 3.5 Australian cents payable on Oct. 23, driving total dividends for FY26 to 6 cents per share.

Following the announcement, the Civmec share price was down at $1.86.

Operating cash flow before working capital movements rose 20% to $107.2 million, supported by property, plant and equipment assets of $619.6 million.

Cash balances stood at $54.6 million alongside total borrowings of $60 million at the end of June.

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