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Wagners Raises A$30m to Fuel Expansion After Strong FY25 Profit Surge
10:31am on Monday 8th of September, 2025 AEST
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Construction Materials
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Wagners Raises A$30m to Fuel Expansion After Strong FY25 Profit Surge
10:31am on Monday 8th of September, 2025 AEST
Key Points
A$30 million institutional placement at $2.60 per share
FY25 net profit before tax doubled to $32.6 million
Operating EBIT margin improved to 9.7% from 8.0% in FY24
Capital to fund expansion of concrete plants and composite fibre manufacturing
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