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
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Half Year 2022 Wagners Holding Company Ltd Earnings Call Transcript

Feb 22, 2022 / 10:00PM GMT
Release Date Price: A$1.45 (-1.36%)
Operator

Good day, and thank you for standing by. Welcome to the Wagners Half Year Results Briefing Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your host today, Cameron Coleman, CEO of Wagners. Sir, please go ahead.

Cameron Coleman
Wagners Holding Company Limited - CEO

Good morning, ladies and gentlemen. Welcome to our half year results presentation. I'm joined today by our CFO, Fergus Hume; and the CEO of our Earth Friendly Concrete Business, Michael Kemp.

To date, 2022 is on target, delivering growth on the first half of last year. Overall revenue of $172 million for the first half was slightly ahead of the second half FY '21 and is up 10% on the first half of last year. The business has delivered an operating EBIT result of $12.6 million if we exclude the investment made into our Earth Friendly Concrete technology, a significant improvement on the prior corresponding period. This result has been driven by strong demand

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