Civmec net profit falls 34% YoY in FY2025

The decline was due to lower revenue from reduced activity levels.

Civmec Limited has reported a lower net profit attributable to shareholders of $35.6m (A$42.5 m) in its financial results for the full year ended 30 June 2025 (FY2025), a decrease of 34.0% from $54m (A$64.4m) in FY2024.

This was primarily driven by lower revenue, resulting in reduced gross profit, alongside higher administrative expenses that further impacted the bottom line.

The group’s revenue decreased 21.6% year-on-year (YoY) to $679.94m (A$810.6m) in FY2025, primarily due to reduced activity levels following the completion of major contracts. 

The group also disclosed in its bourse filing that as at 31 July 2025, Civmec’s order book stood at $1.048b (A$1.25b), reflecting the successful conversion of tenders and the completion of the Luerssen Australia acquisition.

Civmec has declared a final dividend of $0.029 (A$0.035). It will be paid on 24 October 2025 with a record date of 14 October.

$1 = A$1.19