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Waterco Limited (ASX:WAT)

ALERT: Price-sensitive ASX Announcement for WAT
Current share price for WAT : $5.330 -1.31 (-19.73%)+
Announcement
Release
29 Aug 2025 11:03AM
Price at Release
$6.640
Full Release
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Summary
Waterco Limited's FY2025 results presentation highlights a challenging year with a 31% decrease in net profit after tax to $9.6 million, attributed to restructuring and foreign exchange losses. Despite this, sales revenue increased by 4% to $249.4 million. The company maintained a fully franked dividend of 15 cents per share. The balance sheet strengthened with net assets rising to $142.6 million and net debt decreased by $8 million, improving the gearing ratio to 17%. Waterco also made strategic capital investments for a new manufacturing plant. Despite margin pressures from a weaker AUD and increased operating costs, Waterco plans to expand its market share and geographic reach, particularly in North America, Europe, and Asia, and continues to focus on innovation and strategic growth.
Key Points
  • Net profit after tax decreased 31% to $9.6 million.
  • Sales revenue grew 4% to $249.4 million.
  • Fully franked dividend of 15 cents per share maintained.
  • Net assets increased to $142.6 million.
  • Net debt reduced by $8 million, improving gearing to 17%.
  • Strategic capital investments for new manufacturing capacity.
  • Margin pressures from weaker AUD and higher operating costs.
  • Expansion in North America, Europe, and Asia planned.
  • Focus on innovation and strategic growth continued.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.