AUSTIN ENGINEERING LTD.

Austin Engineering recorded a 12.7% decline in revenue in fiscal year 2026 to AUD 329 million and a 72.6% drop in net profit to AUD 7.6 million, while EBITDA and EBIT fell sharply. Positively, operating cash flow increased more than tenfold to AUD 26.7 million and free cash flow reached AUD 19.9 million, accompanied by a reduction in net debt to AUD 5.8 million. Management cites operational problems in North America, South America and Indonesia as causes, but emphasises operational controllability and lists measures to boost productivity; the board is forgoing a final dividend for now. For FY2027 Austin expects adjusted EBITDA between AUD 17 million and AUD 21 million, signalling a cautious recovery. » Más en de.investing.com

In the first half of 2026 Austin Engineering recorded a 3% revenue decline to $170.3m and an 85% drop in net profit to $2.0m. EBITDA fell 63% to $8.0m and operating profit was $3.0m. The company reports a positive turnaround in cash flow, pays an interim dividend of $0.03, and gives EPS guidance of $0.03 and revenue expectations of around $139.6m and $144.2m for 2026/27. After the report and outlook the share plunged 28.3% to $0.265; management plans restructurings and investments in automation to improve margins. » Más en de.investing.com