Singapore Technologies Engineering Earnings Call Transcripts
Fiscal Year 2025
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Record revenue and net profit growth driven by strong contract wins and robust performance across all segments. Major divestments and cost savings improved financial strength, while a record order book and rising global defense and aerospace demand support a positive outlook.
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First-half 2025 saw 7% revenue and 20% net profit growth, with all segments contributing and a record SGD 31.2 billion order book. Portfolio rationalization and cost savings supported margin expansion, while robust order wins and a strong outlook underpin continued momentum.
Fiscal Year 2024
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Full year 2024 saw 12% revenue and 20% net profit growth, with all segments contributing and a record SGD 28.5 billion order book. Margins improved through productivity gains, and the proposed dividend rose to SGD 0.17 per share. Strong outlook supported by robust contract wins.
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Revenue and net profit grew 14% and 20% year-on-year, respectively, in 1H 2024, with all segments contributing to growth. Order book reached SGD 27.9 billion, and cost management drove improved margins. Outlook remains positive, supported by a robust pipeline and disciplined execution.