Wagners Holding Co. Ltd. (AU:WGN) has released an update.
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Wagners Holding Company Limited has reported a robust unaudited Group Operating EBIT of $40 million for FY24, surpassing their previous estimates due to strong May and June sales in their Construction Materials and Services sector. Despite positive domestic performance, the company faced losses in its international Composite Fibre Technologies operations and anticipates an impairment charge related to exiting their Wacol site lease. Detailed FY24 financial results and further insights will be presented in an upcoming investor webinar hosted by the company’s top executives.
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