Civmec Posts Lower Earnings in Fiscal Q3 as Revenue Falls

MT Newswires Live
May 09

Civmec (ASX:CVL) reported Friday fiscal third-quarter earnings of AU$0.0158 per share, down from AU$0.034 per share in the year-ago period.

Revenue for the three months ended March was AU$158.5 million, down from AU$258.3 million a year earlier.

The engineering company said delays in key project awards resulted in reduced activities in the last two quarters of the fiscal year amid global uncertainties. It warned that this could continue into the first half of fiscal year 2026.

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