Austin Engineering Limited
0.14
AUD
+0.01
(+7.69%)
Austin Engineering Limited
ASX:ANG
(Australian Securities Exchange)
Recent
price
0.14
P/E
ratio
14.31
div
yld
8.10%
ROIC.AI
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.- Similar Companies
- Business
- Austin Engineering Limited is a global designer, manufacturer, and supplier of customised mining equipment primarily serving the mining and resources sectors. The company’s core products include off-highway dump truck bodies and trays; mining excavator buckets; water tank modules; tyre handling equipment; and ancillary mining-related products. In addition, Austin provides a broad range of services such as on-site and off-site repair and maintenance, condition monitoring, engineering design, product improvements, heavy equipment lifting and transport, specialized fabrication, blasting and painting, and CNC profile cutting and pressing services. These offerings cater to miners, mining contractors, and original equipment manufacturers across Australia, the Americas, Asia, and Africa. Founded in 1982 and headquartered in Perth, Western Australia, Austin Engineering operates through multiple facilities globally, including sites in Indonesia, Canada, Chile, and Africa, supporting a global but local presence in key mining regions. The company emphasizes safety, innovation, and engineering excellence, continually advancing technology and product design to enhance operational productivity and safety for its clients. A significant recent development includes Austin Engineering’s acquisition of Mainetec Pty Ltd, an Australian mining equipment manufacturer, completed in October 2022 for approximately AUD 24.1 million. This acquisition has added a world-class mining bucket business to Austin’s product portfolio, enhancing its market presence and operational capabilities. Continuing its growth strategy, Austin is exploring further merger and acquisition opportunities to expand its offerings and market footprint. The company recently launched advanced bucket technology featuring innovative Get (Ground Engaging Tools) technology in partnership with US-based Bierwith Forge, which extends component life, improves payload capacity, and reduces maintenance time. Austin Engineering also expanded through the proposed acquisition of VR Steel South Africa, aiming to consolidate its position as a global leader in mining attachments and non-OEM products. The company serves the largest global miners with customised end-to-end mining solutions, supported by its life-of-product service programs and condition monitoring software that delivers precise asset condition information. Overall, Austin Engineering Limited focuses on delivering customised, high-quality mining solutions that maximize productivity, cost-effectiveness, and safety for major mining companies worldwide while pursuing strategic expansions and innovations to reinforce its market leadership.
Company News
Austin Engineering Limited (AUSTF) Q4 2026 Earnings Call Transcript
Austin Engineering Limited (AUSTF) Q4 2026 Sales/Trading Call Transcript
Austin Engineering Limited (AUSTF) Q2 2026 Earnings Call Transcript