CSE Global posted FY2025 revenue of SGD 968.9 million (+12.5%) and EBITDA of SGD 83.5 million (+1.6%), with operating profit at SGD 53.8 million (-0.3%). Net profit attributable to shareholders rose 42.3% to SGD 37.5 million, while basic EPS was 5.26 Singapore cents. FY2025 gross profit was SGD 261.9 million (+8.6%) and gross margin was 27.0%, while operating expenses increased to SGD 211.5 million (+13.2%). Operating cash flow was an outflow of SGD 67.2 million, and net debt was SGD 163.0 million at 31 Dec 2025, with net gearing of 0.59x and net debt/EBITDA of 1.95x. For 2H2025, revenue rose 22.1% to SGD 528.0 million and EBITDA was SGD 44.0 million (+0.4%), while net profit attributable to shareholders increased 87.1% to SGD 21.2 million. The company said FY2025 growth was driven by Electrification and Communications in the Americas, while margins were affected by cost provisions in select Americas divisions totalling SGD 5.4 million for FY2025 (including wastewater project costs and revenue write-offs in certain automation projects). Order intake for FY2025 was SGD 1.03 billion (+28.3%) and the order book was SGD 709.5 million (+5.5%) as at 31 Dec 2025; CSE Global said it is positioned for 2026 performance supported by the order book, while noting ongoing macroeconomic and inflation uncertainties and continued focus on Electrification and Communications tied to data centre demand.

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