Latest Engineering Services News

Provaris Energy has formalized a strategic collaboration with Baker Hughes to advance compressed hydrogen solutions for marine transport and storage across Europe, marking a key milestone in scaling regional hydrogen supply chains.

FBR Ltd reported a 57% revenue increase driven by property sales but posted a $29 million loss as it advances commercialization of its Hadrian X® robotic bricklayer and secures significant new funding.

Synertec Corporation Limited reported an 8% revenue decline to $18.2 million in FY2025 alongside a $7.64 million net loss, yet its Engineering segment showed a strong EBITDA rebound and its Powerhouse renewable technology revenue nearly doubled.

Verbrec Limited’s FY2025 results reveal a revenue decline and lower profit from continuing operations, yet a near doubling in net profit attributable to members and a maiden dividend declaration.

Worley Limited has announced an ordinary unfranked dividend of AUD 0.25 per share for the six months ending June 2025, signaling steady shareholder returns amid a complex energy sector landscape.

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

Horizon Minerals is progressing its Pre-Feasibility Study to convert the Black Swan plant to gold production, aiming for a 1.5Mtpa throughput and a Financial Investment Decision by early 2026.

Hazer Group has reported a remarkable FY25 performance with revenues more than doubling and losses slashed by 60%, underpinned by a strategic partnership with KBR and early commercial revenues.

GR Engineering Services Limited has announced a fully franked ordinary dividend of AUD 0.12 per share for the half-year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount.

GR Engineering Services Limited has reported a robust FY25 financial performance with increased revenue, profit, and dividends, supported by a solid order book and ongoing major projects.

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.

Alfabs Australia Limited reported a robust 76% rise in net profit for FY2025, driven by strong mining contract deliveries and engineering demand, while boosting dividends and expanding operational capacity.