Wagners reports strong growth, strategic expansion in 2025
Wagners Holding Company Limited reported a robust financial year for 2025, with net profit after tax more than doubling to $22.7m from $10.282m in FY24, despite a 10% decrease in group revenue to $431m. Operating EBIT rose 9% to $41.8m, and net debt decreased by 29% to $34m. This strong performance was primarily driven by enhanced profitability and improved operating leverage across its Construction Materials and Composite Fibre Technologies (CFT) segments.
The Construction Materials division saw a 19% increase in revenue to $257m, achieving an EBIT of $39.6m. The CFT business recorded 15% revenue growth to $68.4m, with EBIT climbing to $9.8m. Future growth is anticipated with targeted capital investments in concrete batch plants and CFT capacity expansion to capitalize on infrastructure demand for the Brisbane 2032 Olympics and international utility markets.
The company's corporate governance statement and Appendix 4G confirm adherence to ASX Listing Rules, with disclosures on a board charter, diversity policy, and risk management frameworks available on its investor website and within the annual report. Wagners continues to prioritize safety, sustainability, and ethical conduct, reinforcing its commitment to stakeholders and communities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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