• Consistent strong returns with revenue of $502.9m, EBITDA of $52.9m and NPAT of $26.5m
• Strong balance sheet with net assets of $497m and interim dividend of 2.5c per share
• Strategically located facilities across Australia leveraged for competitive advantage

Civmec Ltd, an Australian multidisciplinary heavy engineering and construction company, has released its 1H FY25 investor presentation. The company has delivered consistent strong returns, with revenue of $502.9m, EBITDA of $52.9m, and NPAT of $26.5m in 1H FY25. Civmec has a strong balance sheet, with net assets of $497m and an interim dividend of 2.5c per share. The company has strategically located facilities across Australia, including its largest heavy engineering facility in Henderson, Western Australia, as well as facilities in Port Hedland, Gladstone, and Newcastle, which provide a competitive edge. Civmec is the only Australian company with a complete in-house offering for material handling original equipment manufacturing, with a robust pipeline of over $2.8 billion in opportunities. The company has also made positive progress on the Heads of Agreement for the ownership transfer of Luerssen Australia, which is subject to Commonwealth consent. Civmec is well-positioned to capitalize on the growing investment in the Australian defence sector, as well as opportunities in the energy, resources, and infrastructure sectors, with a strong order book and pipeline of priced opportunities totaling $12 billion, excluding expanding naval prospects.

For FY25, Civmec expects revenue of $502.9m, EBITDA of $52.9m, and NPAT of $26.5m. The company has also declared an interim dividend of 2.5c per share, with a dividend payout ratio of 48%.

Civmec is well-positioned to capitalize on the growing investment in the Australian defence sector, as well as opportunities in the energy, resources, and infrastructure sectors, with a strong order book and pipeline of priced opportunities totaling $12 billion, excluding expanding naval prospects. The company's strategic focus on revenue, including increased maintenance and infrastructure panel awards and expanded term agreements, as well as its expertise in material handling original equipment manufacturing, are expected to drive long-term growth.