ASX:ASBAerospace & Defense
Austal (ASX:ASB) Is Down 15.6% After Record Order Book And 2026 EBIT Guidance Update - What's Changed
Austal Limited has already reported half-year 2025 earnings, with sales rising to A$1,109.39 million and net income to A$30.5 million, while also issuing fiscal 2026 EBIT guidance of about A$110 million.
Alongside these results, Austal’s record A$17.7 billion order book, bolstered by multi‑billion‑dollar Australian Government landing craft contracts, significantly extends the company’s long-term revenue visibility and reduces reliance on its U.S. operations.
We’ll now examine how Austal’s...