ASB 2.68% $2.18 austal limited

Strong result with good cash flow. Happy to hold and see if they...

  1. 246 Posts.
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    Strong result with good cash flow.

    Happy to hold and see if they win the Aussie defense work and push out Lockheed in the US.

    I think there margins were strong being in the middle of forecast range, especially in the current environment with suppliers getting squeezed. Margins should improve with the inevitable increase in POO.
 
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