Austin Engineering Earnings Call Transcripts
Fiscal Year 2026
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Revenue declined 3% to AUD 170.3 million with net profit after tax at AUD 2 million, impacted by operational inefficiencies and a loss-making OEM contract in Chile. Guidance for FY 2026 is revised to revenue above AUD 350 million and EBITDA of AUD 14–16 million, with a stronger second half expected.
Fiscal Year 2025
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The AGM highlighted strong revenue growth but noted margin pressures and a downward revision of FY26 guidance due to operational challenges, especially in Chile and Indonesia. Shareholders raised concerns about remuneration, governance, and transparency, while management outlined strategic initiatives and corrective actions.
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Revenue grew 22% to $376.7M, with strong gains in North America and APAC, while South America faced margin pressures from a large OEM contract. FY 2026 guidance targets $390–$410M revenue and $40–$46M EBIT, with operational improvements and Chile recovery in focus.
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Revenue grew 18.5% to AUD 170.2 million, with strong gains in APAC and the US, and underlying EBIT up 22%. Steel inventory build and one-off costs impacted cash flow, but both are expected to normalize in H2. Guidance for FY2025 is reiterated, with a robust order book and margin improvements ahead.
Fiscal Year 2024
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Record FY 2024 results with revenue up 21% and EBITDA up 49%, driven by broad-based growth and efficiency gains. FY 2025 guidance targets 12% revenue growth and 30% EBIT growth, supported by a record order book and strong market demand.