Wagners Holding Co. Ltd. · ASX:WGN
Wagners — H1 FY26 Earnings Presentation
23 slides from Wagners's earnings presentation, Feb 24, 2026
Slide 1: H1 FY26 Results Presentation
WAGNERS H1 FY26 RESULTS PRESENTATION 24 February 2026
Slide 2: Contents
CONTENTS H1 FY26 RESULTS SEGMENT UPDATE OUTLOOK & GUIDANCE APPENDIX
Slide 3: H1 FY26 Group highlights
H1 FY26 GROUP highlights continued momentum in construction materials segment with Group Revenue improved margins $251.7 million • Revenue of $251.7 million, reflecting: +12% vs H1 FY25 o Growth from core Construction Materials business with revenue +21% to $156.5 million (H1 FY25: $129.4 million) o
Slide 4: H1 FY26 Highlights & Performance
H1 FY26 HIGHLIGHTS & PERFORMANCE
Slide 5: H1 FY26 performance
H1 FY26 performance higher quality revenue mix driving earnings growth • Revenue increased $26.3 million vs H1 FY25 (+12%) and +22% half-on-half ($m) H1 FY26 H1 FY25 Change • Improved market conditions together with operating Total Revenue 251.7 225.4 26.3 efficiencies delivered Operating EBIT margi
Slide 6: H1 FY26 Segment results – CM & PS
H1 FY26 Segment results – cm & PS STRONG CONSTRUCTION MATERIALS SEGMENT PERFORMANCE Construction Materials (CM) Half-Yearly Performance (H1 FY24 - H1 FY26) Project Services (PS) Half-Yearly Performance ((H1 FY24 - H1 FY26)¹ 120.7 156.5 16.4% 17.9% 129.4 127.6 15.8% 85.5 112.7 103.2 15.0% 12.9% 13.1%
Slide 7: H1 FY26 Segment results – CFT
H1 FY26 Segment results – CFT IMPROVING FINANCIAL performance ACROSS CFT EVIDENT AS MARGINS AND PROFITABILITY IMPROVE CFT Half-Yearly Performance (H1 FY24 – H1 FY26) 47.3 34.7 35.6 20.4% 31.0 28.3 14.3% 12.2% 9.7 4.2 5.1 1.3 4.3% -0.9 -3.2% H1 FY24 H2 FY24 H1 FY25 H2 FY25 H1 FY26 CFT Revenue CFT EBI
Slide 8: Segment highlights: Construction Materials
H1 FY25 SEGMENT HIGHLIGHTS CONSTRUCTION MATERIALS (CM) • Overall – strong demand for Construction Materials across South-East Queensland delivering improved performance • Cement – 10% increase in volumes driven by Wagners Concrete Plants o Improved margins due to raw materials savings and production
Slide 9: Segment highlights: Project Services
H1 FY25 SEGMENT HIGHLIGHTS PROJECT SERVICES (PS) • Overall – Project Services revenue of $47.8 million, down 22% versus H1 FY25, with improved EBIT due to better mix of projects and rate increases • Bulk Haulage – a combination of project completions as well as lower volumes on select projects resul
Slide 10: Segment highlights: Composite Fibre Technologies
H1 FY25 SEGMENT HIGHLIGHTS composite fibre technologies (CFT) • Overall – CFT revenues +36%, with strong crossarm and power pole demand and the delivery of pedestrian infrastructure projects at improved margins (CFT EBIT +128% vs H1 FY25) • CFT ANZ – improved margins delivered across all product lin
Slide 11: Balance Sheet
H1 FY25 BALANCE SHEET IMPROVED OPERATING RESULTS DRIVES MEANINGFUL DEBT REDUCTION WORKING CAPITAL • Inventory decreased $2.4 million, reflecting reductions in raw materials and finished goods in CFT ANZ as result of increased (A$m) Dec-25 Jun-25 Change sales and production Trade and other receivable
Slide 12: Cash flow statement
H1 FY25 Cash flow STATEMENT CASH CONVERSION FROM IMPROVED OPERATING RESULTS REDUCES DEBT (A$m) H1 FY26 H1 FY25 Change • Improved cash flow from operations due to improved EBITDA 46.1 32.6 13.5 operating results and reduced interest costs, partially offset by Non-cash items 0.2 (1.0) 1.3 increased ta
Slide 13: FY26 Outlook & Guidance
FY26 OUTLOOK & GUIDANCE
Slide 14: FY26 Outlook & Guidance
FY26 OUTLOOK & GUIDANCE segment-specific considerations: Construction Materials (CM) Composite Fibre Technologies (CFT) INVESTING in growth • Market growth expected with Olympic • ANZ utility networks to provide continued • Planned step-up in capex anticipated in H2 Infrastructure requirements and s
Slide 15: Medium-Term Outlook
MEDIUM-TERM OUTLOOK THE MEDIUM-TERM DEMAND ENVIRONMENT FOR WAGNERS PRODUCTS AND SERVICES REMAINS ENCOURAGING Favourable resources environment & robust civil Ongoing demand for infrastructure pipeline in innovative new products, South-East Queensland¹ Strong forward order driven by effort to (populat
Slide 16: Summary
SUMMARY Business strategy leverages wagners quality assets, personnel and culture with strong alignment and integration Well-invested, VERTICAL Attractive Distribution high-quality asset base INTEGRATION end markets footprint significant capital invested enabling security of supply and consisting of
Slide 17: Appendix
Appendix
Slide 18: Who is Wagners?
WHO IS WAGNERS? Established in 1989 in Toowoomba (Queensland), Wagners is an ASX-listed diversified provider of construction materials, globally Innovative, vertically-integrated producer of new generation building materials, as well as a diverse range of project-specific products and services One o
Slide 19: Construction Materials
CONSTRUCTION MATERIALS WAGNErS Core business IS underpinned by well-invested network of high-quality assets & KEY PERSONNEL Construction Materials spans a variety of interrelated businesses covering residential, industrial, infrastructure, resources and renewables Construction Materials Wagners prov
Slide 20: Project Services
PROJECT SERVICES WAGNErS PROJECTS-RELATED BUSINESS FOCUSES ON PROVIDING CRITICAL PRODUCTS & SERVICES TO MAJOR PROJECTS, GLOBALLY This segment predominantly focusses on large infrastructure and resources projects PROJECT SERVICES Wagners also provides additional services and project-related solutions
Slide 21: Composite Fibre Technologies
COMPOSITE FIBRE TECHNOLOGIES Wagners inhouse design and manufacturing capability provides added Intellectual Property VIA ITS CFT BUSINESS Representing a significant opportunity, Wagners CFT business has dedicated sales and business development teams globally COMPOSITE FIBRE TECHNOLOGIES (CFT) • Lig
Slide 22: Disclaimer
disclaimer The material contained in this presentation is a summary of Wagners Holding completeness or adequacy of any statements or other information contained Company Limited’s (Wagners) activities and results, current at the date of in this presentation. To the maximum extent permitted by law, Wa
Slide 23: Thank you
Thank you Contact: Karen brown Company secretary +61 (0) 410 606 639 SAM WELLS (nwr communications) SAM@NWRCOMMUNICATIONS.COM.AU +61 (0) 427 630 152