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Austal (ASB) investor relations material
Austal AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Chairman welcomed shareholders, introduced the Board, and outlined meeting procedures, including webcast access for virtual participants who could not vote or ask questions.
Noted significant Board changes, including the retirement of the founder and addition of new directors.
Financial performance review
Revenue reached $1.8 billion in the last financial year, with EBIT doubling and profits increasing fivefold to $90 million.
Order book grew to $13 billion, with 49 ships in construction or ready to commence.
Every key financial metric improved, and record EBIT guidance of $135 million was provided for the current year.
Successful $220 million capital raising and $488 million debt refinance supported facility expansion.
Board and executive committee updates
Board composition changed with the retirement of the founder and appointment of Richard Gibb and Sue Murphy, bringing new skills and experience.
Board and management thanked for their contributions and hard work.
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