ASX:ASBAerospace & Defense
Record Sales and Chairman Transition Could Be a Game Changer for Austal (ASX:ASB)
Austal Limited recently reported full-year results showing sales of A$1.82 billion and net income of A$89.73 million, alongside the retirement of founder and chairman John Rothwell after 38 years, with Richard Spencer already appointed as chairman in mid-2024.
This combination of strong earnings growth and a major leadership transition has focused attention on the company's future direction and operational momentum.
We will explore how record sales and the founder's departure impact Austal’s...