Latest Engineering And Construction News

Genmin Limited advances its Baniaka iron ore project with PowerChina’s subsidiary Sinohydro submitting engineering and construction proposals that suggest potential capital cost reductions. Parallel funding discussions with Chinese partners are also progressing.

Monadelphous Group Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.39 per share and setting the Dividend Reinvestment Plan price at AUD 21.49. The dividend relates to the six months ending June 2025, with payments scheduled for late September.

Zeotech Limited has completed its largest commercial concrete demonstration using AusPozz™, a low-carbon metakaolin product that reduces cement content and embodied carbon. The 100 cubic metre pour attracted major industry players and opened doors to new commercial trials and partnerships.

WestStar Industrial reports a 36% revenue decline and a $3.4 million net loss in FY25, driven by reduced activity at SIMPEC. New contract wins post-year-end signal a potential turnaround for FY26.

Caravel Minerals has appointed Primero Group as the EPCM contractor for its Caravel Copper Project, with the Definitive Feasibility Study now fully funded and on track for completion in early 2026.

Worley Limited reported a mixed FY2025 with a slight revenue decline but strong profitability gains and a stable dividend, signaling resilience in engineering services.

Duratec Limited reported record FY25 results with revenue of $573 million and a robust $4.16 billion project pipeline, driven by strong Energy and Emerging sectors growth. Despite Defence sector delays, the company is well positioned for expansion in FY26.

GR Engineering Services Limited reported a 12.96% increase in revenue to $479 million for FY25, alongside a 9.7% rise in net profit after tax to $34.2 million. The company declared a fully franked final dividend of 12 cents per share, signaling confidence in its robust project pipeline and financial position.

EVZ Limited reported solid FY2025 results with an 8% increase in revenue to $108 million and a 20% rise in EBITDA, underpinned by operational improvements and a robust contract backlog exceeding $90 million.

Downer EDI Limited has announced an on-market buy-back of up to 33.6 million ordinary shares, set to run from September 2025 through June 2026. The move signals a strategic capital management initiative without requiring shareholder approval.

Saunders International reported a modest revenue dip and sharp profit decline in FY2025, offset by a transformative acquisition that expands its water infrastructure footprint and doubles its project pipeline.

Saunders International reported a slight revenue dip and a sharp EBITDA decline in FY2025, offset by a transformative acquisition that dramatically expands its order book and pipeline.