• A$285 million of recent contract awards take the current order book over A$760 million
• Civmec's OEM balanced machine offering provides access to A$2.8 billion pipeline of new and refurbishment works
• New facilities at Port Hedland and Gladstone better position Civmec for maintenance and fabrication in the regions

Civmec Ltd, an Australian company listed on the ASX and SGX, has reported its Q3 FY25 results, highlighting continued growth and strong operational and financial performance. The company secured A$285 million in new contract awards during the quarter, taking its current order book to over A$760 million, with a further A$13.2 billion in tendered works (excluding naval prospects). Civmec's unique OEM balanced machine offering provides access to a A$2.8 billion pipeline of new and refurbishment works. The company's reinvestment of earnings into world-class infrastructure has resulted in a net tangible asset value of 99.45 cents per share. Civmec's new facilities at Port Hedland and Gladstone have better positioned the company for maintenance and fabrication work in these key regions. The Australian government's multi-billion-dollar investment to expand Fleet Base West and the Henderson Precinct will present naval shipbuilding and infrastructure opportunities, which Civmec is well-positioned to capitalize on. Financially, Civmec reported revenue of A$158.5 million in Q3 FY25, with EBITDA of A$19.2 million (12.1% margin) and net profit after tax of A$8.0 million (5.1% margin). For the first 9 months of FY25, the company achieved revenue of A$661.3 million, EBITDA of A$72.1 million (10.9% margin), and net profit after tax of A$34.5 million (5.2% margin). Civmec continues to maintain a strong balance sheet and has paid A$105.5 million in dividends to investors since FY18, equivalent to 20.9 cents per share.

Civmec expects continued strong demand across its energy, resources, infrastructure, marine, and defence sectors, with a A$43.5 billion pipeline of opportunities in the energy sector and a A$64.0 billion pipeline in the resources sector over the four years to 2028.

Civmec remains optimistic about its strong pipeline of tendering activities and the positive outlook for upcoming projects across its key sectors. The company is well-positioned to capitalize on the Australian government's multi-billion-dollar investment in expanding Fleet Base West and the Henderson Precinct, which will present significant naval shipbuilding and infrastructure opportunities.