CSE Global Achieves Record 74.6% Growth in 1Q2026 New Orders, Driven by Electrification Demand

Strong Order Momentum and Strategic Expansion Underpin Robust Start to 2026

Singapore, 5 May 2026 – CSE Global Limited (“CSE Global”), a leading global systems integrator specializing in electrification, communications, and automation solutions, has reported a remarkable 74.6% year-on-year increase in new orders for the first quarter ended 31 March 2026 (1Q2026), reaching S\$271.2 million compared to S\$155.3 million in the same period last year.

Key Highlights of the 1Q2026 Report

• New Orders Surge: The Group secured S\$271.2 million in new orders, the strongest quarterly growth in recent history, largely fueled by robust demand for Electrification solutions in the United States.
• Electrification Segment Leads Growth:
  • Electrification orders skyrocketed by 393.0% to S\$177.8 million (from S\$36.1 million in 1Q2025), now accounting for 65.6% of total quarterly intake.
  • This surge is attributed mainly to increased demand from the data centre market, aligning with CSE Global’s strategic focus on expanding its presence in this high-growth sector.
• Communications Business Expands:
  • Communications segment orders rose 20.8% year-on-year to S\$76.9 million, representing 28.4% of total intake.
  • Growth was fueled by recent acquisitions, which have extended CSE Global’s market presence in the USA and reinforced order flows in the Asia Pacific region.
• Automation Segment Declines:
  • New orders in Automation dropped significantly by 70.4% to S\$16.4 million, now representing only 6.0% of total intake.
• Order Book at Record High:
  • CSE Global closed the quarter with a record order book of S\$716.0 million, up 16.2% from S\$616.0 million a year ago.
  • Opening order book stood at S\$709.5 million, with revenue recognized at S\$265.2 million for 1Q2026.

Management Commentary

“The strong order momentum in 1Q2026 reflects robust demand and our team’s ability to convert a healthy pipeline into tangible wins. Our priority is disciplined execution and timely delivery of these new contracts, while continuing to build on this momentum and pursue selective opportunities that align with our core capabilities. With a healthy order book and tender pipeline, we remain cautiously optimistic about maintaining momentum into the coming quarters, even as macroeconomic and geopolitical headwinds continue to evolve.”

Shareholder Considerations & Potential Price Sensitivity

• Major Order Wins in Electrification: The dramatic growth in the Electrification segment, especially driven by data centre projects in the USA, demonstrates CSE Global’s successful execution of its strategic priorities. This could positively influence market sentiment and share valuation.
• Expansion via Acquisitions: Recent acquisitions have begun to materially benefit the Communications segment, potentially signaling continued growth and market expansion for shareholders.
• Order Book Strength: The record-high order book sets a strong foundation for future revenue recognition, which may positively affect the company’s outlook and investor confidence.
• Automation Segment Weakness: The notable decline in the Automation segment should be monitored, though the overall impact is mitigated by strong performance elsewhere.
• Outlook: While management remains optimistic, they caution about ongoing macroeconomic and geopolitical uncertainties, which may impact future performance.
• No Immediate Financial Impact: The company stated these developments are not expected to have any material impact on net tangible assets per share or earnings per share for the current financial year. There are no director or substantial shareholder interests in the new contracts, ensuring no conflict of interest.

About CSE Global

Listed on the Singapore Exchange since 1999, CSE Global operates in 14 countries with 61 offices and nearly 2,000 employees. The company is renowned for delivering complex, mission-critical infrastructure solutions for large government and corporate clients. CSE Global’s technologies are focused on enabling greener, smarter processes and operational excellence, with a consistent profit track record for three decades.

Investor & Media Contact

For further information, contact CDR (Chia Hui Kheng / Sarah Tan) at [email protected] or call (65) 6534 5122.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with professional advisors before making any investment decisions. The author and publisher are not responsible for any actions taken based on the information provided herein.

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