Duratec (ASX:DUR) Full Year 2024 Results
Key Financial Results
- Revenue: AU$555.8m (up 13% from FY 2023).
- Net income: AU$21.4m (up 12% from FY 2023).
- Profit margin: 3.9% (in line with FY 2023).
- EPS: AU$0.087 (up from AU$0.079 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Duratec EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.0%.
Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Australia.
Performance of the Australian Construction industry.
The company's shares are up 1.6% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Duratec.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ASX:DUR
Duratec
Engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets, primarily steel and concrete infrastructure in Australia.
Flawless balance sheet with reasonable growth potential.
