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An announcement from Austal ( (AU:ASB) ) is now available.
Austal Limited reported a substantial increase in its financial performance for the year ending June 30, 2025, with revenue rising by 24% to $1.82 billion and net profit surging by 503% to $89.7 million. Despite the impressive profit growth, the company did not declare any dividends for the fiscal year, indicating a strategic decision to potentially reinvest profits into future growth or operational improvements.
The most recent analyst rating on (AU:ASB) stock is a Hold with a A$6.75 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.
More about Austal
Austal Limited operates in the shipbuilding industry, focusing on the design, construction, and support of defense and commercial vessels. The company is known for its innovative ship designs and has a significant market presence in both the defense and commercial maritime sectors.
Average Trading Volume: 1,243,507
Technical Sentiment Signal: Buy
Current Market Cap: A$2.92B
For an in-depth examination of ASB stock, go to TipRanks’ Overview page.