Singapore Technologies Engineering Earnings Call Transcripts
Fiscal Year 2026
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Record H1 2026 results with 11% revenue and 27% net profit growth, driven by all segments and strong cost discipline. Order book reached SGD 35.7 billion, providing multi-year visibility, and full-year contract wins are expected to match or exceed 2025’s robust level.
Fiscal Year 2025
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Record revenue and net profit growth were achieved, driven by strong performances across all segments and robust contract wins. Major divestments and cost savings improved financial strength, while a record order book and ongoing productivity gains support a positive outlook.
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Revenue grew 7% year-on-year to SGD 5.9 billion, with EBIT up 15% and net profit up 20%, driven by strong performance in Commercial Aerospace and Defence & Public Security. Order book reached SGD 31.2 billion, and portfolio rationalization continues with key divestments.
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 margin improvements. Outlook remains positive, with continued focus on transformation and operational efficiency.