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Austin Engineering Revises FY24 Results, Boosts FY25 Outlook After Chile Revenue Error

3:11pm on Wednesday 13th of August, 2025 AEST Industrial Engineering
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Austin Engineering Revises FY24 Results, Boosts FY25 Outlook After Chile Revenue Error

3:11pm on Wednesday 13th of August, 2025 AEST
Key Points
  • Accounting error in Chile subsidiary overstated FY24 revenue by $4.9 million
  • FY24 EBIT reduced by $3.3 million after restatement
  • FY25 revenue guidance increased from $370 million to $377 million
  • FY25 EBIT guidance raised from approximately $41 million to $46 million
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