Duratec Limited Revises FY25 Guidance Amid Project Delays

An announcement from Duratec Limited ( (AU:DUR) ) is now available.

Duratec Limited has revised its FY25 revenue and EBITDA guidance downward due to delays in project awards and weather disruptions. Despite these challenges, the company remains confident in its growth prospects, particularly in the Energy sector, and anticipates a strong performance in FY26. The company continues to experience strong demand and maintains a robust pipeline of tenders, with strategic opportunities emerging in Defence and Energy sectors due to shifts in client procurement processes.

The most recent analyst rating on (AU:DUR) stock is a Buy with a A$1.87 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 engineering, construction, and remediation contractor. The company operates in various sectors including Defence, Mining, Energy, Building & Facade, and DDR, with a strong market position in these areas.

Average Trading Volume: 325,670

Technical Sentiment Signal: Buy

Current Market Cap: A$396.3M

See more insights into DUR stock on TipRanks’ Stock Analysis page.