-
Posted by
Two Blokes Apr 29 -
Filed in
Stock
-
1 view
Austal's stock price has surged 30% since January, driven by strong H1 FY25 earnings and a robust A$14.2 billion backlog. Despite risks like currency exposure and high capital intensity, opportunities in defense contracts and increased support demand offer significant growth potential. H1 FY25 results show 15% revenue growth to A$826 million, with EBITDA up 21% and EBIT up 32.7%, driven by strong performance in Australasia.
