Wagners Holding Co. Ltd. (AU:WGN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into AU:WGN stock, check out TipRanks’ Stock Analysis page.
