Civmec Limited reported a net profit after tax of A$21.4 million for the six months ended 31 Dec 2025, supported by brisk project execution and a record A$1.35 billion order book. Comparative figures for the prior corresponding period were not disclosed.
Earnings per share came in at 4.21 Australian cents. The board declared an interim fully franked dividend of 2.5 Australian cents, unchanged from 1HFY25, payable on 10 Apr 2026 to shareholders on record as of 27 Mar 2026. Cash and cash equivalents stood at A$87.6 million, while net assets totalled A$534.6 million, equating to A$1.05 per share.
Revenue rose to A$380.4 million, delivering earnings before interest, tax, depreciation and amortisation of A$46 million. The resulting EBITDA margin was 12%, and the net profit margin was 5.6%. The company did not break down pre-tax earnings by segment, but highlighted contributions across Energy, Resources, Infrastructure and Marine & Defence work.
Operationally, the half was marked by several milestones. The group launched NUSHIP Pilbara, the third Arafura-class offshore patrol vessel, and secured multiple packages on BHP’s Port Debottlenecking Project 2, including earthworks, concrete and 700 tonnes of structural steel. Civmec also advanced fabrication for BHP’s Car Dumper 4, Dalrymple Bay’s new shiploader and Chevron’s DE-PMP modules, while winning new contracts for Fortescue’s decarbonisation programme and Inland Rail footbridges in New South Wales.
Management said the enlarged order book, which climbed from A$1.25 billion at 30 Sep 2025 to A$1.35 billion three months later, provides clear revenue visibility. Chairman James Fitzgerald attributed the interim results to “the depth of capability across the group” and reiterated confidence in sustained shareholder returns. Chief Executive Officer Patrick Tallon noted that disciplined project delivery underpinned earnings and affirmed a focus on “sustainable, long-term growth” through selective bidding and early-contractor-involvement work.
Looking ahead, Civmec sees firm demand from resources decarbonisation spending, defence shipbuilding commitments and large-scale infrastructure upgrades. While no numerical guidance was issued, management said the current pipeline positions the group to maintain momentum into the second half of FY26.