ASX:ASBAerospace & Defense
Austal (ASX:ASB) Margin Rebound To 4.5% Tests Skeptical Earnings Quality Narratives
Austal (ASX:ASB) has reported new figures for H1 2026, with revenue of A$997.6 million and basic EPS of A$0.16, alongside net income of A$64.6 million. The company’s revenue has moved from A$751.3 million and EPS of A$0.01 in H1 2024 to A$825.7 million and A$0.07 in H1 2025, then to A$997.6 million and A$0.16 in H2 2025. This contributes to trailing 12 month net income of A$95.1 million on A$2.1 billion of revenue. For investors, the central question is how sustainable these margins appear as...