Diluted HEPS decreased from 28.9cps in FY24 to -64.6cps in FY25.
Revenue declined by 13.9% y-y to A$2 630m, due to declines in the Infrastructure (-21.4% y-y) and Mining (-6.0% y-y) segments.
GPM decreased from 5.7% to 3.0%.
OPM weakened from 1.1% to -2.3%.
Expenses fell by 5.0% y-y, while expense-to-sales rose from 4.8% to 5.3%.
No dividend.
Gross debt increased by 3.5% y-y to A$56m.
Cash from operating activities declined from A$137m to A$78m.
Order book increased from A$3.1bn in FY24 to A$3.2bn in FY25, driven by Building which achieved a record order book of A$864m (+95% y-y) and Mining which increased its order book from A$445m in FY24 to A$1.1bn in FY25.
The Australian Infrastructure business unit’s revenue decreased by 24.2% y-y to A$1.5bn. The business unit was impacted by extreme weather conditions in Queensland in 2H25 and continued to face issues at the Kidston Pumped Hydro project.
