Civmec

Civmec is overall winner; Sarine and Micro-Mechanics share honours - THE EDGE SINGAPORE

Billion Dollar Club 2023

Civmec is overall winner; Sarine and Micro-Mechanics share honours

Civmec is eyeing new businesses from the green energy sectors
Civmec: A success story in Australia’s heavy engineering industry - THE EDGE SINGAPORE

Billion Dollar Club 2023

Civmec: A success story in Australia’s heavy engineering industry

The last few financial years since FY2020 have been great for Civmec as it delivered yet another record performance in FY2023.

Results

Civmec posts 1QFY2024 profit of A$15.2 mil, up 7.3% y-o-y

As at end-September, Civmec had an order book of A$1.1 billion, an increase of 17.9% from Sept 30 last year.

Broker's Calls

UOBKH adds Marco Polo Marine and RH Petrogas, removes Delfi, LHN Group and Yangzijiang from October alpha picks

UOBKH’s alpha picks portfolio beat the STI by 4.7 ppts, “overcoming weak investor sentiment in September”.

Broker's Calls

Maybank, UOB Kay Hian stays positive on Civmec

'Civmec is well-placed to capitalise on the government’s defence spending in the mid-long term'
Civmec announces 13.7% rise in FY2023 net profit, and 10.9% growth in orderbook - THE EDGE SINGAPORE

Results

Civmec announces 13.7% rise in FY2023 net profit, and 10.9% growth in orderbook

Civmec announced 13.7% growth in net profit for FY2023, and 10.9% rise in orderbook.
UOB Kay Hian raises Civmec target price, citing 'superior' financial metrics to peers - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian raises Civmec target price, citing 'superior' financial metrics to peers

The company is seen to yield 6%, has an order book of A$1.2 billion

Broker's Calls

UOB Kay Hian raises Civmec target price, citing 'superior' financial metrics to peers

The company is seen to yield 6%, has an order book of A$1.2 billion
UOB Kay Hian maintains 'buy' call on Civmec, latest contract brings orderbook to A$1.2 bil - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian maintains 'buy' call on Civmec, latest contract brings orderbook to A$1.2 bil

Civmec's higher dividend payout, plus a stronger orderbook, are indications of positive earnings prospects.
Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire

See what the analysts have to say this week.
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