Austal Limited (ASB) Q4 2026 Earnings Call

Investor webinar replay

Meeting Overview The meeting focused on Ausdell's FY2026 results, highlighting significant strategic achievements in both Australia and the US. Key topics included financial performance, record order books, and future growth opportunities within the defense sector. Key Discussion Points - Overview of FY2026 results and strategic achievements. - Record-breaking order book in Australia exceeding $5 billion. - Doubling of EBIT in Australian operations to $85 million. - Accounting adjustments related to Offlaw USA impacting the Group EBIT result. - Proposal from HandWired Defense USA to acquire OSSL USA. - Growth in revenue and employee numbers aligned with the order book. - Expansion of submarine module production and strategic shipbuilding agreements. - Financial highlights including record revenue surpassing $2 billion. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Continue monitoring the due diligence process with HandWired Defense USA r...

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[Speaker identities could not be resolved; generic labels used] [00:00] Speaker 1: Thank you for standing by and welcome to Ausdell's FY2026 [00:04] Speaker 1: results call. [00:06] Speaker 1: All lines have been placed on mute to prevent any background noise. [00:09] Speaker 1: After the speaker's remarks, there will be a question and answer session. [00:12] Speaker 1: If you would like to ask a question during Q&A time, simply press star followed by the number 1 on your telephone keypad. And to withdraw your question, press the star 1 again. [00:22] Speaker 1: For operator assistance throughout the call, please press star 0. And finally, I would like to advise all participants that this call is being recorded. [00:30] Speaker 1: I'd now like to welcome Paddy Gregg, Chief Executive Officer, to begin the presentation. Paddy, over to you. [00:36] Speaker 2: Good morning, everybody, and welcome to the 2026 4 Years' Office Call. I'm Paddy Gregg, the CEO at Oslo, and I'm joined by our CFO, Christian Johnson. [00:47] Speaker 2: And We'll be presenting the same format as usual. I'll give the business overview and context while Christian focuses on the financial details [00:54] Speaker 2: and I'll finish with the outlook as I said. And as always, [00:58] Speaker 2: we plan to present for no more than 30 minutes, but I'd like to leave time for questions. [01:04] Speaker 2: So FY26 [01:05] Speaker 2: is the year of significant strategic achievements for Austral, [01:09] Speaker 2: both in Australia and the US. [01:11] Speaker 2: In Australia, the execution of the Strategic Shipbuilding Agreement has delivered a record-breaking [01:16] Speaker 2: Australasian [01:17] Speaker 2: order book with 5 plus billion dollars, 12-year build program [01:22] Speaker 2: for the landing cra...