CSE Global’s Q1 new orders jump 74.6% to $271.2m

Growth was driven by stronger demand for Electrification solutions in the US, particularly from the data centre market.

CSE Global secured $271.2m in new orders for the first quarter ended 31 March 2026, up 74.6% from $155.3m a year earlier.

The Singapore-listed systems integrator said the increase was mainly driven by stronger demand for Electrification solutions in the United States.

Electrification was the group’s largest contributor, with new orders surging 393.0% YoY to $177.8m. The segment accounted for about 65.6% of total order intake, supported by demand from the data centre market.

Communications orders rose 20.8% to $76.9m, making up 28.4% of total order intake. CSE said the growth was supported by recent acquisitions, which expanded the segment’s presence in the US and strengthened order flows in the Asia Pacific.

Automation orders fell 70.4% YoY to $16.4m, accounting for 6.0% of total order intake.

The group ended the quarter with an order book of $716.0m, up 16.2% from $616.0m a year earlier.

The company said the new orders are not expected to have any material impact on its consolidated net tangible assets per share or earnings per share for the current financial year.

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