- Management expects order wins to pick up significantly in 2H25, and earnings to be more 2H25 weighted due to project timings. CSE Global is reserving capacity, especially in the US, for projects within the data-centre/utilities markets space.
- - Read this at SGinvestors.io -
Focus and reserving capacity for DC/utilities projects.
- CSE Global’s 1Q25 orders were down 11.3% y-o-y to S$155.3m, partially due to a weaker US$ but also a strategic move to reserve capacity as management decided to focus on clients in the data centre and utilities space.
- - Read this at SGinvestors.io -
2H25: stronger orders and profitability vs 1H25.
- Management expects order wins to pick up significantly in 2H25 and remains confident of delivering a healthy financial performance for FY25. It also expects earnings to be stronger in 2H25 due to the timing of several key projects.
Multi-year growth opportunities in the US.
- Read more at SGinvestors.io.
