ASX:ASBAerospace & Defense
Austal (ASX:ASB) Cuts FY26 Guidance As Hanwha Backing Shapes The Valuation Debate
Austal (ASX:ASB) cut its FY26 EBIT guidance from about A$135 million to approximately A$110 million, while Hanwha received approval to lift its stake to 19.9% under conditions related to sensitive information.
See our latest analysis for Austal.
Austal’s share price has come under pressure, with the 1 month share price return down 24.22% and the year to date share price return down 49.70%. However, the 5 year total shareholder return of 70.56% shows that longer term holders have still seen...