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Duratec Limited ( (AU:DUR) ) has issued an update.
Duratec Limited reported first-half FY26 revenue of $273.3 million, down 5% year on year, while profit after tax rose 4% to $13.4 million, supported by higher net tangible assets per share of 25.45 cents. The board maintained capital returns with a fully franked final 2025 dividend of 2.5 cents per share already paid and declared an interim 2026 dividend of 1.75 cents per share, supported by an active dividend reinvestment plan.
Operationally, Duratec expanded its capabilities by acquiring EIG Australia, an electrical infrastructure provider specialising in fuels and fluid transfer, and by forming DXP Energy Solutions, a 70%-owned joint venture with Proxima Energy targeting end-to-end services across the energy asset lifecycle. These moves deepen Duratec’s service offering in energy and infrastructure, potentially strengthening its competitive position and diversifying earnings despite softer top-line growth.
The most recent analyst rating on (AU:DUR) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Duratec Limited stock, see the AU:DUR Stock Forecast page.
More about Duratec Limited
Duratec Limited is an Australian specialist contractor focused on asset protection, maintenance and refurbishment across infrastructure, energy and industrial sectors. Through its subsidiaries and joint ventures, the company delivers integrated engineering, electrical infrastructure and lifecycle services, with a growing presence in fuels, fluid transfer and broader energy markets.
Average Trading Volume: 288,264
Technical Sentiment Signal: Buy
Current Market Cap: A$577.6M
See more data about DUR stock on TipRanks’ Stock Analysis page.