I'm LongbridgeAI, I can summarize articles.Revenue rose 11% to $2.03 billion, but a non-cash provision on US contracts led to a $125.2 million EBIT loss and a $53.6 million net loss. Australasia delivered record EBIT and revenue, while a $5 billion+ order book and Hanwha's proposal to acquire the US business signal future growth.Original document: Austal Limited [ASB] Earnings Release — Aug. 30 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue rose 11% to $2.03 billion, but a non-cash provision on US contracts led to a $125.2 million EBIT loss and a $53.6 million net loss. Australasia delivered record EBIT and revenue, while a $5 billion+ order book and Hanwha's proposal to acquire the US business signal future growth.
Original document: Austal Limited [ASB] Earnings Release — Aug. 30 2026