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Why Is Austin Engineering Slashing FY26 Earnings Forecasts?
8:43am on Wednesday 5th of November, 2025 AEDT
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Industrial Engineering
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Why Is Austin Engineering Slashing FY26 Earnings Forecasts?
8:43am on Wednesday 5th of November, 2025 AEDT
Key Points
FY26 revenue guidance cut to $370m-$380m from $390m-$410m
Underlying EBIT guidance reduced to $30m-$34m from $40m-$46m
Loss-making OEM contract impacting Chile and Indonesia operations
Operational disruptions and workforce adjustments in Indonesia
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AUSTIN ENGINEERING (ASX:ANG)
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