• Record revenue of $573.0m, up 3.1% on FY24
• Normalised EBITDA of $53.0m, up 11.3% on FY24
• Net Profit After Tax of $22.8m, Earnings Per Share of 9.10 cents
• Final fully franked dividend of 2.5 cents per share, total FY25 dividend of 4.25 cents per share

Duratec Limited (ASX: DUR), a leading Australian contractor, has announced its financial results for the year ended 30 June 2025 (FY25). The company delivered record revenue of $573.0 million, up 3.1% from FY24, driven by strong performance in the Energy and Emerging sectors. Normalised EBITDA increased by 11.3% to $53.0 million, reflecting improved project profitability and contributions from subsidiary companies. Net Profit After Tax reached $22.8 million, with Earnings Per Share of 9.10 cents. The company declared a final fully franked dividend of 2.5 cents per share, bringing the total FY25 dividend to 4.25 cents per share. Duratec's cash position improved, with $84.0 million in cash on hand, up $18.8 million from FY24. The company's order book stood at $390 million, with a tender pipeline of $1.65 billion and a total pipeline of $4.16 billion. The Defence, Mining & Industrial, Building & Facades, Energy, and Emerging Sectors all contributed to the company's strong performance, with the Energy and Emerging Sectors delivering particularly robust growth. Duratec's subsidiary companies, MEnD Consulting and WPF Duratec, also performed well, with MEnD leading in digital asset management and WPF achieving exceptional growth. DDR Australia, a 49% owned subsidiary, also delivered record revenue and gross profit. Looking ahead, Duratec is well-positioned to capitalize on significant opportunities in the AUKUS program, Defence Fuel Transformation initiative, mining asset maintenance, facade remediation, and marine and water infrastructure projects, supported by its strong balance sheet, growing national footprint, and culture of safety and excellence.

Duratec expects to deliver strong growth in FY26, driven by significant opportunities in the AUKUS program, Defence Fuel Transformation initiative, mining asset maintenance, facade remediation, and marine and water infrastructure projects. The company's $390 million order book and $4.16 billion pipeline provide a solid foundation for growth.

Duratec enters FY26 with strong momentum and a clear strategy to capitalize on opportunities across all sectors. Key drivers for FY26 include significant opportunities under the AUKUS program and Defence Fuel Transformation initiative, continued expansion in oil and gas maintenance and decommissioning, growing demand for asset integrity and remediation services in the mining sector, high demand for facade remediation and asset repurposing in CBD markets, and a strong pipeline in Marine and Water Infrastructure, particularly on the East Coast.