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Wagners Doubles Profit, Raises $30M to Fuel Expansion in Booming Queensland Market

10:21am on Friday 14th of November, 2025 AEDT Construction Materials
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Wagners Doubles Profit, Raises $30M to Fuel Expansion in Booming Queensland Market

10:21am on Friday 14th of November, 2025 AEDT
Key Points
  • FY25 revenue of $431 million and NPAT of $22.7 million, more than double prior year
  • Construction Materials and Composite Fibre Technologies segments show significant growth
  • $30 million capital raised in September placement for expansion projects
  • FY26 EBIT forecast between $52 million and $56 million, supported by new plant openings
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