Austin powers on despite delays

AUSTIN Engineering has been forced to downgrade its 2022-23 financial year net profit after tax guidance from $24 million to between $17-$19 million, due to a delayed order from a major customer of its Perth truck tray operations.

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One of Austin's trucks

The guidance incorporates results of Austin subsidiary Mainetec, whereas the previously reported $24 million guidance did not include Mainetec.