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Austin Engineering’s growth revenue up 27% to $258m in FY23

ASX-listed global engineering firm Austin Engineering announced that its FY23 group revenue was 27 per cent higher year-on-year at $258.3 million, marking another solid year of growth following the implementation of the Austin 2.0 company strategy in late 2021.
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.