Duratec Limited (AU:DUR) has released an update.
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Duratec Limited has reported a record-breaking full year with revenues soaring to $555.8 million, a 13% increase, while EBITDA and NPAT rose by 22.6% and 11.5% respectively. The company also highlighted strong cash reserves and a significant portion of revenue coming from annuity-style contracts. Following a strategic focus on being a trusted partner, Duratec anticipates continued profitable growth, backed by a solid pipeline of work and major project deliveries.
For further insights into AU:DUR stock, check out TipRanks’ Stock Analysis page.