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Associated Banc-p(ASB) - 2025 H2 - Earnings Call Presentation
2025-08-28 23:30
Financial Performance - Austal achieved FY25 revenue of A$1.8 billion, a 24.1% increase compared to A$1.5 billion in FY24 [2, 7] - The company's EBIT doubled to A$113.4 million in FY25, representing a 100.8% increase from A$56.5 million in FY24 [2, 7] - Austal's order book reached A$13.1 billion, a 2.9% increase from A$12.7 billion in FY24 [2, 7] - Operating cashflow significantly improved to A$406.3 million, a substantial increase of A$419.3 million compared to A$(13.0) million in FY24 [7] - Statutory NPAT increased by 503.2% from A$14.9 million to A$89.7 million [7, 15] Operational Highlights - Austal USA was awarded a US$450 million contract to expand submarine module manufacturing [8] - The company signed a Strategic Shipbuilding Agreement (SSA) with the Commonwealth of Australia [7, 8, 31] - Austal delivered 7 ships and had 49 ships under construction or scheduled in FY25 [2] - Austal Philippines delivered the 32-meter 'Ocean Master' catamaran to Rottnest Fast Ferries [8, 41] Strategic Initiatives - Austal is investing up to A$1.2 billion in facility expansions, including Final Assembly 2 (FA2) and Module Manufacturing 3 (MMF3) projects in Mobile, Alabama [29, 54] - The company is targeting $500 million in Through Life Support revenue by FY27 [42]
EdgeTI Signs Platform Partnership with Multi-National Defense Contractor Austal Australia (ASB) to Integrate EdgeTI into Their Customer Operating Eco-Systems
Newsfile· 2025-07-14 07:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) has partnered with Austal Australia to integrate its real-time digital operations software, EdgeCore, into Austal's customer operating ecosystems [1][2][5] - The partnership aims to leverage Austal's maritime expertise to expand edgeTI's presence in the Asia Pacific region [5] - Austal Australia will have the capability to integrate, procure, and configure EdgeCore for its own use and for its global customer base [2] Company Overview - EdgeTI specializes in real-time digital operations software that enables AI-driven Digital Twins, enhancing situational awareness and operational efficiency for various sectors [1][8] - Austal Australia is a leading global shipbuilder and defense contractor, recognized as Australia's largest defense exporter and the world's largest aluminum shipbuilder [6] - Austal has a strong track record, having contracted over 350 vessels for more than 122 operators in 59 countries over 35 years [6]