Civmec Limited reported net profit attributable to shareholders of A$52.1 million for the year ended Jun 30, 2026, up 22.5% year-on-year, driven by higher project activity, particularly in the Energy and Infrastructure, Marine & Defence divisions.

Basic earnings per share rose to 10.23 Australian cents from 8.37 cents. The board proposed a final cash dividend of 3.5 Australian cents per share—unchanged from a year earlier—payable on 23 Oct 2026 to shareholders on record as at 13 Oct 2026.

Group revenue increased 11.4% YoY to A$902.984 million. Pre-tax profit climbed 22.4% to A$74.148 million, while gross profit improved 12.6% to A$104.685 million, reflecting disciplined project execution across key contracts.

By segment, Energy revenue surged 62.1% to A$105.7 million, lifting segment earnings to A$14.3 million. Resources revenue fell 8.4% to A$587.1 million, yet segment profit expanded to A$67.3 million on better margins. Infrastructure, Marine & Defence revenue more than doubled to A$210.2 million, supported by the first-time consolidation of Civmec Defence Industries (formerly Luerssen Australia), although profit moderated to A$23.1 million following the completion of the Boorloo Bridge project in the prior year.

Operating cash flow registered an outflow of A$23.1 million, reflecting higher working-capital requirements tied to the enlarged order book. Cash and equivalents stood at A$54.6 million at end-June, down from A$102.9 million a year earlier, while gross borrowings were steady at A$60 million.

Management cited a record tender pipeline, increased early-contractor-involvement awards and growth opportunities in maintenance and defence as key drivers for the coming year. The company reiterated its focus on converting profitable work, maintaining cost discipline and sustaining shareholder returns over the next 12 months.