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Why Is Duratec Cutting FY25 Guidance Despite Record Tender Pipeline?

1:50am on Monday 2nd of June, 2025 AEST Engineering & Construction
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Why Is Duratec Cutting FY25 Guidance Despite Record Tender Pipeline?

1:50am on Monday 2nd of June, 2025 AEST
Key Points
  • FY25 revenue guidance cut to $570m-$585m from $600m-$640m
  • EBITDA guidance adjusted to $50m-$53m, aligning upper end with previous lower range
  • Delays mainly in Defence and Mining sectors due to project award timing and weather
  • Strong tender pipeline of $1.7bn and $400m order book underpin confidence
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