Civmec Limited

Civmec charts a steady course amid environmental and geopolitical tensions - THE EDGE SINGAPORE

Construction

Civmec charts a steady course amid environmental and geopolitical tensions

Amid environmental and geopolitical tensions in Australia, can Civmec continue to thrive?
DBS lifts Civmec's TP to 92 cents on the back of record FY2022 results and dividend surprise - THE EDGE SINGAPORE

Broker's Calls

DBS lifts Civmec's TP to 92 cents on the back of record FY2022 results and dividend surprise

DBS analyst Paul Yong sees Civmec continuing to pay a “steady” dividend of 3 Australian cents for the FY2023 and FY2024.

Company in the news

Civmec secures A$120 mil in new contracts

These include a car dumper replacement, a subsea project and maintenance contracts, announced the dual-listed company on May 25.

Broker's Calls

Civmec 'well-positioned' to benefit from Australia's public infrastructure and defence spending: KGI

The brokerage also deemed Civmec's 1HFY2022 results as "outstanding".
Civmec secures new orders, bringing order book to more than A$1.1 billion - THE EDGE SINGAPORE

Contracts

Civmec secures new orders, bringing order book to more than A$1.1 billion

Shares in Civmec closed up 0.5 cents or 0.76% at 66 cents on Dec 9.

Results

Civmec's earnings more than double to $19.4 mil in 2H21

The company has declared a total dividend of 2.0 Australian cents for FY2021, twice compared to the 1.0 Australian cent in FY2020.
Civmec secures notice of award and other contracts worth A$140 mil - THE EDGE SINGAPORE

Contracts

Civmec secures notice of award and other contracts worth A$140 mil

Shares in Civmec closed flat at 39 cents on Dec 14.
Civmec secures A$175 mil in new contracts - THE EDGE SINGAPORE

Contracts

Civmec secures A$175 mil in new contracts

The revenue from these contracts will be realised across the company’s metals and minerals, and the oil and gas sectors.

Company in the news

Civmec to build new multi-million dollar submarine rescue facility at Henderson, Western Australia

SINGAPORE (June 4): Civmec, the construction and engineering services provider headquartered in Australia, will be building its latest facility development at Henderson, Western Australia.

Contracts

Civmec strengthens order book to $822.3 mil on significant resource sector award

Australia-based Civmec announced on Wednesday that it has been awarded a “significant scope of work” in the further development of Rio Tinto’s Mesa A at Robe Valley in Western Australia.
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