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Austin Engineering ( (AU:ANG) ) has shared an update.
Austin Engineering reported a 22.2% increase in group revenue to $376.7 million for FY25, driven by successful expansion in North America and improved margins in the Asia Pacific region. Despite a decrease in group EBITDA due to startup costs in Chile, the company achieved a net profit increase and maintained a strong order pipeline, positioning itself well in the global mining sector.
The most recent analyst rating on (AU:ANG) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Austin Engineering stock, see the AU:ANG Stock Forecast page.
More about Austin Engineering
Austin Engineering Limited is a company operating in the engineering industry, primarily focused on manufacturing and sales of trays and buckets, with a significant market presence in the mining sector. The company has expanded its operations globally, with notable growth in North America and a strong focus on product and manufacturing leadership.
Average Trading Volume: 3,219,192
Technical Sentiment Signal: Sell
Current Market Cap: A$195.5M
For an in-depth examination of ANG stock, go to TipRanks’ Overview page.