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Singapore Technologies Engineering (SG:S63)
:S63
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.13Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 34.19%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Positive
ST Engineering reported a strong financial performance for 2024, with significant growth across key financial metrics, a record order book, and increased dividends, indicating a positive outlook. Challenges remain in the Urban Solutions & Satcom segment, but early signs of recovery are noted.Company Guidance
The recent call from ST Engineering provided comprehensive guidance for the second half and full year of 2024, highlighting robust financial performance across various metrics. For the second half of 2024, the company reported a 10% year-on-year growth in revenue, 11% in EBITDA, 18% in EBIT, 26% in PBT, and a 20% increase in net profit. For the full year, revenue grew by 12% to surpass $11 billion, with EBITDA rising by 11% to $1.6 billion and EBIT by 18% to $1.1 billion. PBT increased by 23% to $863 million, while net profit climbed 20% to $702 million. The strong results were largely attributed to effective execution of the company's $28.5 billion order book, with $8.8 billion slated for delivery in 2025. The revenue was diversified across segments, with Commercial Aerospace contributing 39%, Defence & Public Security 44%, and Urban Solutions & Satcom 17%. ST Engineering also reported significant contract wins, totaling $12.6 billion for the year, and a reduction in borrowings by 5% to $5.8 billion, leading to an improved gross debt to EBITDA leverage ratio of 3.6 times. The company announced a final dividend of $0.05 per share, bringing the total dividend for 2024 to $0.17 per share, reflecting its strong financial position and commitment to shareholder returns.Impressive Financial Performance
ST Engineering reported a 12% growth in revenue to $11.3 billion, 11% growth in EBITDA to $1.6 billion, 18% growth in EBIT to $1.1 billion, and 20% growth in net profit to $702 million for the full year 2024.
Record Order Book
The Group ended the year with a robust order book of $28.5 billion, with $8.8 billion expected to deliver in 2025, providing visibility for future revenue.
Commercial Aerospace Growth
Commercial Aerospace revenue grew 12% to $4.4 billion, with EBIT improving 19% to $400 million. The segment secured $4.7 billion of new contracts in 2024.
Defence & Public Security Expansion
DPS revenue grew 16% to $4.9 billion, with EBIT increasing 15% to $636 million. DPS secured $5.3 billion of new contracts in 2024.
Debt Reduction
Borrowings reduced by 5% year-on-year from $6.1 billion to $5.8 billion, with the gross debt to EBITDA leverage ratio reducing from 4.2 times to 3.6 times.
Increased Dividend Payout
The Board recommended a final tax exempt cash dividend of $0.05 per ordinary share, increasing the total dividend for the year to $0.17 per share.
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SG:S63 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SG:S63 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | S$5.06 | S$5.25 | +3.75% |
| Aug 13, 2024 | S$4.21 | S$4.29 | +2.09% |
| May 14, 2024 | S$3.92 | S$4.09 | +4.23% |
| Feb 28, 2024 | S$3.83 | S$3.83 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Singapore Technologies Engineering (SG:S63) report earnings?
Singapore Technologies Engineering (SG:S63) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Singapore Technologies Engineering (SG:S63) earnings time?
Singapore Technologies Engineering (SG:S63) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Singapore Technologies Engineering stock?
The P/E ratio of ST Engineering is N/A.
What is SG:S63 EPS forecast?
Currently, no data Available
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