Key points
- Revenue from ordinary activities slightly declined by 0.5% to $570,281,000
- Net profit after tax increased by 4.1% to $23,761,000
- Dividend Reinvestment Plan available for shareholders
- Final dividend of 2.5 cents per share declared for 2026
- New acquisitions and joint ventures enhance service offerings
Full summary
Duratec Ltd announced its financial results for the year ended 30 June 2026. The company reported a slight decline in revenue from ordinary activities by 0.5% to $570,281,000, while net profit after tax increased by 4.1% to $23,761,000. The company declared a final dividend of 2.5 cents per share, payable on 14 October 2026. Additionally, Duratec Ltd made several acquisitions and joint ventures, including acquiring 100% of Hunter Coatings Pty Ltd and entering into a joint venture with Proxima Energy Pty Ltd to form DXP Energy Solutions Pty Ltd. These strategic moves aim to expand the company's service offerings and market presence.
Outlook
Duratec Ltd remains optimistic about its future growth and service expansion through strategic acquisitions and joint ventures.