
@Austal continues to add to order book – increasing resilience and diversity
Austal Limited (ASX: $ASB) has reported significant year-on-year growth across both shipbuilding and support operations for H1 FY2026;
🔹 Revenue up 34% to $1.1 billion
🔹 EBIT up 41% to $60.3 million (margin improved to 5.4%)
🔹 NPAT up 21% to $30.5 million
🔹 Record order book of $17.7 billion
Austal Limited Chief Executive Officer Paddy Gregg Gregg said: “Austal has delivered strong year-on-year revenue and earnings growth in the first half of FY2026. The diversification in Austal’s operations has again allowed the Group to continue growing, while our different shipyards undertake periods of consolidation and infrastructure expansion as we continue to execute our robust long term order book."
Australasian operations were a standout performer, supported by the Strategic Shipbuilding Agreement with the Australian Government and the award of ~A$5 billion in Landing Craft Medium and Heavy vessel contracts with @DefenceAust — the largest contracts Austal has signed in Australia.
In the USA, Austal completed delivery of the final Independence-variant Littoral Combat Ship to the @USNavy and continues expanding manufacturing capability in Alabama to support future defence programs.
With 76 vessels scheduled or under construction, a record order book of $17.7 billion (including options), and a strong net cash position of $241 million, Austal remains well positioned for long-term growth in both Australasia and the United States.
Looking ahead, Austal expects full-year FY2026 EBIT of approximately $110 million.
Learn more:
H1 FY2026 Results Announcement - austal.com/media-releases…
H1 FY2026 Report – investor.austal.com/static-files/b…
H1 FY2026 Results Investor Presentation - investor.austal.com/static-files/9…
#Austal #HalfYearResults #FY2026 $ASB

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