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Austal reports EBIT loss but retains record $11.6b order book

Global shipbuilder Austal announced its FY2023 financial results, reporting a $4.8 million loss in Earnings Before Interest and Tax (EBIT), which is consistent with the previously advised earnings projection issued last month.
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Beyond insights: CRM’s transformative role in sustainable manufacturing

Manufacturing companies worldwide are increasingly gearing up for a significant transformation with environmental sustainability at the centre. This comes amid stronger environmental regulations, a shift in consumer behaviour, and the industrial sector delves deeper into Industry 4.0.