Austal Ltd 2023 AR2
The report outlines Austal Limited's financial and operational performance for the fiscal year ended 30 June 2023. Despite facing challenges on its first steel program (T-ATS) which resulted in an EBIT loss, the company achieved a record order book of $11.6 billion, including major contract wins for the US Navy's T-AGOS and Offshore Patrol Cutters. Austal delivered nine ships globally and expanded its support business, notably with the opening of the San Diego waterfront repair facility. Additionally, the company announced its sustainability targets, committing to a 50 percent reduction in embodied emissions by 2030 and net zero emissions by 2050.
Company: Austal Ltd
Sector: Manufacturing
Country: Australia
Year: 2023
Type: AR2
Pages: 157
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Austal Ltd
Annual Report
The report outlines Austal Limited's financial and operational performance for the fiscal year ended 30 June 2023. Despite facing challenges on its first steel program (T-ATS) which resulted in an EBIT loss, the company achieved a record order book of $11.6 billion, including major contract wins for the US Navy's T-AGOS and Offshore Patrol Cutters. Austal delivered nine ships globally and expanded its support business, notably with the opening of the San Diego waterfront repair facility. Additionally, the company announced its sustainability targets, committing to a 50 percent reduction in embodied emissions by 2030 and net zero emissions by 2050.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees