Civmec's Contract Wins Provide Confidence in Earnings Momentum Building Into H2 of Fiscal Year 2026, Fiscal Year 2027

MT Newswires Live

01/05

Civmec's (ASX:CVL) recent contract wins provide confidence in the company's earnings momentum, which is building into the second half of fiscal year 2026 and fiscal year 2027, according to a Monday Euroz Hartleys note.

The company on Monday said it has recently secured a series of new contracts and extensions with a combined value of over AU$400 million.

Euroz Hartleys said it will review its forecasts in the short term, continuing to look for a "solid" first half of fiscal 2026 that builds further in the second half of fiscal year 2026 and into fiscal year 2027.

Euroz Hartleys has maintained its buy rating on Civmec and said its AU$1.46 price target is under review with an upward bias.

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