Wagners Holding Co Ltd (ASX:WGN)
A$ 1.37 0.005 (0.37%) Market Cap: 257.81 Mil Enterprise Value: 442.05 Mil PE Ratio: 25.55 PB Ratio: 1.93 GF Score: 73/100

Half Year 2021 Wagners Holding Company Ltd Earnings Call Transcript

Feb 24, 2021 / 10:30PM GMT
Release Date Price: A$1.81 (+2.56%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Wagners' Half Year results briefing. (Operator Instructions)

With us today, we have the company's CEO, Cameron Coleman; CFO, Fergus Hume; General Manager, Michael Kemp; Chairman, Denis Wagner; and Company Secretary, Karen Brown. (Operator Instructions) Please be advised that this conference is being recorded.

I would now like to hand the conference over to your first speaker, Cameron Coleman. Thank you. Please go ahead.

Cameron Coleman
Wagners Holding Company Limited - CEO

Good morning, ladies and gentlemen, and welcome to our half year results presentation. The first half of 2021 has shown a great improvement when compared to last year. Overall revenue for the first half compared with the prior corresponding period is up 27% to $155.8 million. The pro forma EBIT result of $10.3 million is a significant improvement as well. This result has been driven by growth in cement volumes, increased precast activity, increased quarry volumes, the commencement of a major project from

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