The latest announcement is out from Wagners Holding Co. Ltd. ( (AU:WGN) ).
Wagners Holding Company Limited reported strong financial results for the first half of FY25, with a group revenue of $225.4 million. The company’s construction materials segment showed significant growth, contributing to a 15% increase in revenue, while the composite fibre technologies segment also improved by 12%. Despite a 49% decline in project services revenue due to the completion of a large precast tunnel project, the company achieved a net profit after tax of $12.3 million, a substantial increase from $2.8 million in the previous year. The results reflect Wagners’ strategic focus on expanding its concrete plant network and leveraging its integrated business model to secure future projects.
More about Wagners Holding Co. Ltd.
Wagners Holding Company Limited is an Australian company that operates in the construction materials and services industry. It specializes in innovative building materials and technologies, including construction materials, project services, composite fibre technologies, and earth-friendly concrete.
YTD Price Performance: 22.84%
Average Trading Volume: 670
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €190.3M
Learn more about WGN stock on TipRanks’ Stock Analysis page.