tiprankstipranks
Company Announcements

Wagners Holding Reports Increased Profit Despite Revenue Decline

Story Highlights
Wagners Holding Reports Increased Profit Despite Revenue Decline

An update from Wagners Holding Co. Ltd. ( (AU:WGN) ) is now available.

Wagners Holding Company Limited reported a decrease in revenue from continuing operations for the half-year ending December 31, 2024, compared to the same period in 2023. Despite this, the company saw a significant increase in net profit before and after tax, indicating improved profitability. The company declared a final dividend of 2.5 cents per ordinary share, reflecting a positive outlook for shareholders. The net tangible assets per ordinary share also increased, suggesting a stronger financial position.

More about Wagners Holding Co. Ltd.

YTD Price Performance: 22.84%

Average Trading Volume: 670

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €190.3M

See more data about WGN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1