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Wagners Holding Company Limited (ASX:WGN)

ALERT: Price-sensitive ASX Announcement for WGN
Current share price for WGN : $4.050 0.2 (5.19%)+
Announcement
Release
24 Feb 2026 5:44PM
Price at Release
$3.850
Full Release
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Summary
Wagners Holding Company Limited reported strong financial performance for the first half of FY26, with a 12% increase in revenue to $251.7 million compared to H1 FY25. The company's core Construction Materials business grew by 21%, while the Composite Fibre Technology segment saw a 36% rise in revenues. Operating EBIT surged by 72% to $35.0 million, exceeding prior guidance, and net profit after tax increased by 70% to $21 million, reflecting improved margins. The company also completed a successful $30 million capital raise in September 2025. Looking ahead, Wagners expects continued growth driven by infrastructure projects related to the 2032 Olympics in South-East Queensland and has outlined plans for significant capital investments to enhance capacity across its business lines.
Key Points
  • Revenue of $251.7 million, up 12% from H1 FY25.
  • Construction Materials business revenue increased by 21%.
  • Composite Fibre Technology segment revenue rose by 36%.
  • Operating EBIT increased by 72% to $35.0 million.
  • Net profit after tax increased by 70% to $21 million.
  • Successful completion of a $30 million capital raise in September 2025.
  • Expected growth driven by 2032 Olympics infrastructure in South-East Queensland.
  • Plans for significant capital investments to enhance business capacity.
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.