CSE Global (544) Q3 2026 TU earnings summary

Executive summary

• 3Q2026 revenue rose 25.4% YoY to S$323.2m; order intake climbed 197.7% to S$434.9m, lifting the order book 55.8% YoY to S$728.5m.

• Growth was led by Electrification, supported by Americas data-centre projects and major US power-infrastructure awards.

• Major projects secured over the past year moved into execution, lifting 9M2026 revenue 26.6% YoY to S$884.6m.

Financial highlights

• 9M2026 revenue was S$884.6m, up 26.6% YoY; order intake reached S$905.1m, up 76.5% YoY.

• Order book at 30 September 2026 was S$728.5m, up 55.8% YoY, with growth mainly from US Electrification awards.

Outlook and guidance

• Priorities include scaling capacity, improving utilisation and project-cost control, pursuing strategic acquisitions in data centres and power infrastructure, growing critical communications, and improving Automation profitability.

• Initial ramp-up costs are expected to moderate as operations stabilise, supporting improved margins and profitability.

• Opportunities include the US$1.5b, five-year AWS programme, Champion facility ramp-up, and US LNG and power-infrastructure awards, including CP2 LNG and Cheyenne Power Hub.