• Revenue up 18.5% to $170.2 million
• Underlying EBITDA up 22% to $25.3 million
• Underlying NPAT up 16.0% to $17.4 million

Austin Engineering Ltd reported a robust set of financial results for the first half of FY2025. Revenue increased by 18.5% to $170.2 million, driven by strong growth in North America (+52%) and South America (+8%), while the APAC region also saw a 3% increase. Underlying EBITDA rose by 22% to $25.3 million, with the APAC and North America sectors performing particularly well. Underlying NPAT grew by 16.0% to $17.4 million. The company's order book continued to strengthen, increasing by 22% to a multi-year high of $224 million. Austin also announced an interim fully franked dividend of 0.6 cents per share, up 50% from the prior corresponding period. The company reiterated its full-year guidance, with expectations of continued strong growth and new market opportunities ahead.

FY25 full revenue of circa ~$350m up ~12% from FY24, and underlying FY25 EBIT of ~$50 million up ~30% from FY24.

Austin is focused on developing its leadership teams to deliver the business growth and complexity, growing the contribution from AustBuy, maintaining order book strength by developing new customers and products, and driving manufacturing systems and capacity to deliver the order book.