Recent analyst report may help your conviction. see below:
"DUR - Duratec IN LINE with forecast SP$1.74 Target price $1.86 - 3 brokers reporting Duratec’s 1H25 result was broadly in-line with forecasts, with management reiterating FY25 guidance. Ord Minnett's identified key highlights include order book growth, a material step-up in growth within Energy and a rebound in gross margin within Defence. Duratec delivered first half EBITDA margins of 9.4%, which Shaw and Partners flags is the highest level in years. Bell Potter is equally positive, noting the gross margin improved to 18.5% from 16.2% a year ago. Three brokers, three Buy"
DUR Price at posting:
$1.71 Sentiment: Buy Disclosure: Held
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