Duratec (DUR) AGM 2025 summary

Opening remarks and agenda

• Meeting opened virtually, welcoming shareholders and acknowledging traditional land custodians.

• Board members, company secretary, CFO, and auditors introduced; agenda included business performance review and formal resolutions.

Financial performance review

• FY25 revenue reached AUD 573 million, up 3.1% from prior year; normalized EBITDA rose 11.3% to AUD 53 million.

• Net profit after tax was AUD 22.8 million; earnings per share at AUD 0.09.

• Strong cash balance of AUD 84 million and committed facilities of AUD 294 million as of October 2025.

• Order book at AUD 386 million, with tenders at AUD 1.84 billion and pipeline exceeding AUD 4.65 billion.

• MSA and annuity-style contracts contributed 31% of revenue, up from 26% last year.

Dividend announcements

• Final fully franked dividend of AUD 0.025 per share, total dividend for the year AUD 0.045 per share.