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Civmec Limited
Contracts
Civmec enters agreement for ownership transfer of Luerssen Australia
Upon completion of the agreement, NVL is set to transfer all its shareholding in Luerssen Australia to Civmec, which includes all assets, employees, and licences.
18 hours ago
Results
Civmec reports FY2024 earnings of A$64.4 mil, 11.6% higher y-o-y
The group has proposed a final dividend of 3.5 Australian cents, bringing its total yearly dividend to 6 Australian cents.
August 29, 2024
Results
Civmec earnings up 12.8% y-o-y to A$31.9 mil
For the half-year period, revenue increased 17.5% y-o-y to A$492.3 million.
February 14, 2024
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.
November 09, 2023
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.
May 10, 2023
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.
March 14, 2023
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.
February 13, 2023
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.
January 09, 2023
Construction
Civmec charts a steady course amid environmental and geopolitical tensions
Amid environmental and geopolitical tensions in Australia, can Civmec continue to thrive?
December 01, 2022
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.
September 02, 2022