• Record revenue achieved in 1H FY26, strongest half-year performance to date
• Heritage projects and façade remediation driving growth in Building & Facade division
• Significant opportunities in Defence sector, especially for Naval and Air Force projects

Duratec Limited (ASX: DUR), a leading Australian contractor providing assessment, protection, remediation, and refurbishment services, hosted an investor briefing presentation on March 31, 2026. The presentation covered the company's strategy, operations, and outlook across its key business divisions, including Building & Facade, Mining & Industrial, Defence, and Energy.The company reported a record revenue achievement in the first half of FY26, representing its strongest half-year performance to date. The Building & Facade division has been driven by a focus on heritage projects and façade remediation, with the completion of the iconic 'Paddy's Markets' project in Sydney's Haymarket. The Mining & Industrial division has seen diversification of its client portfolio, with new revenue streams from BHP's port maintenance work and an expansion of services for Newmont. The Defence sector is poised for significant growth, with opportunities associated with the staged delivery of Sovereign Nuclear Submarine Capability in Australia, including major investments in naval bases and shipyards. The company has also secured initial contracts for the HMAS Stirling project and is well-positioned for further opportunities in this sector.The Energy division has seen some softer revenue in the first half due to project timing, but the company has made strategic acquisitions and investments to enhance its capabilities, including the acquisition of EIG (AMD Electrical) and the establishment of DXP Energy Solutions. The outlook for the Oil & Gas and Fuel segments remains positive, with a strong pipeline of projects across major clients such as Woodside, Santos, and Chevron.Overall, the presentation highlighted Duratec's strong performance, diversified business model, and robust pipeline of opportunities, particularly in the Defence and Energy sectors, positioning the company for continued growth in the coming years.

Duratec expects to see significant growth in its Defence sector in the fourth quarter of FY26 and into FY27 and FY28, with billions of dollars of investment across Australia's Naval Bases and Air Force facilities. The company also anticipates strong opportunities in the Oil & Gas and Fuel segments, with a pipeline of projects valued at over $200 million.

Duratec is well-positioned for continued growth, with a strong pipeline of opportunities across its key business divisions. The company is focused on leveraging its expertise in heritage projects, façade remediation, and digital technology to drive growth in the Building & Facade division. In the Mining & Industrial and Energy sectors, the company is diversifying its client base and enhancing its service offerings to capture new opportunities. The Defence sector is expected to be a significant driver of growth, with major investments in naval and air force infrastructure.