Civmec corrects Q1 FY26 earnings, highlights growth and defense projects

Civmec Limited corrected a typographical error in its Q1 FY26 Investor Presentation, updating its Q1 NPAT value. The revised presentation confirms Q1 FY26 revenue of A$190.4m, EBITDA of A$23.1m (12.1% margin), and NPAT of A$10.5m (5.5% margin), alongside an order book of A$1.15bn as of 30 September 2025. The company also announced a FY25 final dividend of 3.5c, paid on 24 October 2025.

In operational news, Civmec completed the strategic acquisition of Luerssen Australia Pty Ltd on 1 July 2025, which was renamed Civmec Defence Industries (CDI) on 1 October 2025. CDI continues work on the SEA1180 Offshore Patrol Vessel project, with milestones including the formal acceptance of OPV 2 and the rollout of OPV 3 in October 2025. The company foresees A$12-25bn opportunities at Fleet Base West/Henderson.

Additionally, the company held its Annual General Meeting on 30 October 2025, where all resolutions were passed, including the re-election of Mr. Gary Gray as a director. Civmec also highlighted its OEM Materials Handling division, which offers integrated solutions and has an estimated opportunity pipeline exceeding A$3bn, and its expanding maintenance order book across regional facilities.