Key Highlights

  • Austin Engineering shares were up 9.21% at $0.208 during the 10 November 2026 trading session.
  • FY26 group Revenue was $329.0 million, with EBITDA of $19.3 million and net profit after tax of $6.4 million.
  • FY27 underlying EBIT guidance is $17 million to $21 million, excluding foreign exchange movements.

Austin Engineering Limited (ASX:ANG) shares were trading higher during the 10 November 2026 session, up 9.21% at $0.208 at midday AEDT. The S&P/ASX 200 was also higher in the same session, up 1.13% at 9,131.90 around 12:30 pm AEDT. Austin is a global engineering company that designs and manufactures loading and hauling solutions for mining, including off-highway dump truck bodies, buckets, water tanks and attachments, and it also provides repair, maintenance and spare parts services. The most recent company update was its full-year FY26 results, released on 25 August 2026.

About the company

Austin describes itself as a global engineering company that has partnered with Mining companies, contractors and original equipment manufacturers for more than 50 years. It is headquartered in Perth and has operations in Australia, the United States, Chile and Indonesia, supplying dump truck bodies, buckets, water tanks, attachments, repair and maintenance services, and spare parts.

FY26 results released on 25 August 2026

Group revenue fell 12.7% to $329.0 million from $376.7 million in FY25. EBITDA declined to $19.3 million from $41.7 million, and EBIT excluding foreign exchange movements was $10.8 million, compared with $33.2 million the previous year. Net profit after tax was $6.4 million, down from $26.3 million, and Earnings Per Share were 1.04 cents.

Operating cash flow rose to $26.7 million from $2.6 million, and net Debt fell to $5.8 million from $12.8 million. The order book at 30 June 2026 was $132.9 million, down 9.5%, although the company said it had secured $32 million of additional orders since 1 July 2026. No final Dividend was declared.

Regional performance and FY27 guidance

Asia Pacific revenue was $147.1 million, down 15.1%, with Australian buckets becoming a larger share of the region’s product revenue. North America revenue fell 13.5% to $127.0 million, which the company linked to customer replacement cycles and product mix. Chilean revenue was $54.9 million, down 3.0%, after the loss-making OEM contract was renegotiated in March 2026.

For FY27, Austin expects underlying EBIT of $17 million to $21 million, excluding foreign exchange movements. The company said its operational improvement plan lifted workshop productivity from 62% in July 2025 to about 80% in the final quarter of FY26.

Sector Context

Mining equipment Demand is linked to the activity levels and replacement cycles of mine operators. Austin’s update noted softer tray volumes in North America and Asia Pacific, while demand for buckets and spare parts in Australia was higher during the year.

Risks to Consider

  • Revenue and profit declined sharply in FY26, and the company deferred some sales and deliveries into FY27.
  • The Chilean Business recorded losses linked to the legacy OEM contract, and the company said the benefits of the renegotiation will take time to show.
  • No final dividend was declared for FY26, with Capital retained to support the operational reset.

What to Watch Ahead

  • Delivery of the FY27 underlying EBIT guidance of $17 million to $21 million.
  • Order book progress and conversion of the $32 million of orders secured since 1 July 2026.
  • Recovery in North America and the performance of the Chilean operations under the revised contract terms.

Final Word

Austin’s FY26 results reflect a year of lower revenue and earnings, alongside a reset of operations. The FY27 guidance and order book trends will be the main reference points for the coming period.