Civmec Limited

Civmec: A success story in Australia’s heavy engineering industry - THE EDGE SINGAPORE

Billion Dollar Club 2023

Civmec: A success story in Australia’s heavy engineering industry

The last few financial years since FY2020 have been great for Civmec as it delivered yet another record performance in FY2023.
Civmec continues growth momentum with 3QFY2023 earnings of A$14.6 mil - THE EDGE SINGAPORE

Broker's Calls

Civmec continues growth momentum with 3QFY2023 earnings of A$14.6 mil

Civmec was able to increase earnings and margins during the quarter, despite a slight decrease in revenue.

Broker's Calls

Banks to drive market rebound through April, as March Fed meeting outcome looms large for local stocks: DBS

DBS analysts are watching US economic data and Fedspeak that could signal one of two possible outcomes at the March Fed meeting.
DBS, Maybank lift target prices for Civmec after 1HFY2023 beat - THE EDGE SINGAPORE

Broker's Calls

DBS, Maybank lift target prices for Civmec after 1HFY2023 beat

1HFY2023 patmi rose 25% y-o-y to A$28.2 million ($25.96 million), beating consensus expectations.

Contracts

Civmec secures over A$330 mil contract for Rio Tinto Western Range Project

With this new $330 mil contract win, Civmec is starting the new year with an order book of about $1.2 billion.
Civmec charts a steady course amid environmental and geopolitical tensions - THE EDGE SINGAPORE

Construction

Civmec charts a steady course amid environmental and geopolitical tensions

Amid environmental and geopolitical tensions in Australia, can Civmec continue to thrive?
DBS lifts Civmec's TP to 92 cents on the back of record FY2022 results and dividend surprise - THE EDGE SINGAPORE

Broker's Calls

DBS lifts Civmec's TP to 92 cents on the back of record FY2022 results and dividend surprise

DBS analyst Paul Yong sees Civmec continuing to pay a “steady” dividend of 3 Australian cents for the FY2023 and FY2024.

Company in the news

Civmec secures A$120 mil in new contracts

These include a car dumper replacement, a subsea project and maintenance contracts, announced the dual-listed company on May 25.

Broker's Calls

Civmec 'well-positioned' to benefit from Australia's public infrastructure and defence spending: KGI

The brokerage also deemed Civmec's 1HFY2022 results as "outstanding".
Civmec secures new orders, bringing order book to more than A$1.1 billion - THE EDGE SINGAPORE

Contracts

Civmec secures new orders, bringing order book to more than A$1.1 billion

Shares in Civmec closed up 0.5 cents or 0.76% at 66 cents on Dec 9.
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