Wagners Holding Co. Ltd. · ASX:WGN
Wagners — Investor Presentation (September 2025)
33 slides from Wagners's investor presentation, Sep 8, 2025
Slide 1: Wagners Investor Presentation September 2025
WAGNERS INVESTOR PRESENTATION SEPTEMBER 2025
Slide 2: Executive Summary
Executive Summary ▪ Wagners Holding Company Limited (“WGN” or the “Company”) is undertaking a capital raising of approximately A$30 million by way of an institutional placement (“Placement”) of new fully paid ordinary shares in the Company (“New Shares”), the (“Offer”). Transaction ▪ The funds recei
Slide 3: Contents
CONTENTS Capital Raise summary FY25 HIGHLIGHTS & PERFORMANCE SUMMARY & OUTLOOK APPENDIX
Slide 4: Capital Raise summary
Capital Raise summary
Slide 5: Capital Raise Overview
Capital Raise Overview ▪ The Company is undertaking a capital raising of approximately A$30 million by way of an institutional placement (“Placement”) of new fully paid ordinary shares in the Company (“New Shares”), the (“Offer”). ▪ The Placement will raise up to approximately $30 million via the is
Slide 6: Sources & use of funds
Sources & use of funds Sources & Uses of Funds $m Sources of funds Institutional placement 30 Total sources of funds 30 Use of funds Proceeds initially applied against existing Debt facilities providing balance sheet funding flexibility to continue to pursue growth strategy 28.8 • Expansion of CFT p
Slide 7: Capital Structure
CAPITAL STRUCTURE The Pro Forma Balance Sheet at 30 June 2025 has been prepared to illustrate the financial position of the Group at 30 June 2025, adjusted for the following pro forma adjustments: Proforma Balance Consolidated Group Impact of the offer Sheet • Impact of the Offer; and 30 Jun 2025 30
Slide 8: Equity raising timetable
Equity raising timetable Date Announcement of outcome of Institutional Placement Monday, 8 September 2025 Allotment and normal trading of New Shares issued under the Institutional Placement Friday, 12 September 2025 7
Slide 9: FY25 Highlights & Performance
FY25 HIGHLIGHTS & PERFORMANCE
Slide 10: FY25 performance
FY25 performance • Improvements in both pricing and volume delivered increased IMPROVED PRICING & VOLUMES DRIVE MARGIN EXPANSION CM and CFT revenue, PS revenue decreased following completion of large precast tunnel project in Q3 FY24 ($m) FY25 FY24 Change • Improved market conditions, together with
Slide 11: FY25 Segment results – CM & PS
FY25 Segment results – cm & PS STRONG PERFORMANCE ACROSS construction materials Construction Materials (CM) Half-Yearly Performance (FY23 - FY25) Project Services (PS) Half-Yearly Performance ((FY23 - FY25)¹ 122.1 120.7 129.4 127.6 112.7 16.4% 105.5 102.9 103.2 15.8% 85.4 85.5 15.0% 13.1% 10.9% 61.3
Slide 12: FY25 Segment results – CFT
FY25 Segment results – CFT IMPROVEMENT in earnings CFT Half-Yearly Performance (FY23 & FY25) 40 34.7 35.6 30.8 31.0 28.4 28.3 30 14.3% 12.2% 20 10 4.3% 4.2 5.1 1.3 0 -0.4% -1.8 -0.1 -3.2% -0.9 -10 -6.4% -20 H1 FY23 H2 FY23 H1 FY24 H2 FY24 H1 FY25 H2 FY25 CFT Revenue CFT EBIT CFT EBIT margin • CFT FY
Slide 13: FY25 Segment Highlights – Construction Materials
FY25 SEGMENT HIGHLIGHTS CONSTRUCTION MATERIALS (CM) • Overall – revenue of $257 million, up 19% due to increased demand for Construction Materials. Pricing, volume and operational efficiencies delivered EBIT of $39.6 million, up $7.9 million, reflecting >70bps improvement in EBIT margin to 15.4% • C
Slide 14: FY25 Segment Highlights – Project Services
FY25 SEGMENT HIGHLIGHTS PROJECT SERVICES (PS) • Overall – revenue down 49%, reflecting cyclical nature of this segment • Bulk Haulage – o Consistent EBIT result notwithstanding lower revenue approx. 23% down on FY24 due to completion of 2 transport projects o Improved EBIT margin, H2 vs H1 FY25 • Pr
Slide 15: FY25 Segment Highlights – Composite Fibre Technologies
FY25 SEGMENT HIGHLIGHTS composite fibre technologies (CFT) • Overall – CFT revenues +15% versus FY24, driven by strong crossarm, power pole and custom-build demand in Australia & New Zealand (ANZ) • CFT ANZ – improved margins delivered across all product lines, particularly power poles, resulting in
Slide 16: FY25 Balance Sheet
FY25 BALANCE SHEET IMPROVED OPERATING LEVERAGE assists in DEBT REDUCTION WORKING CAPITAL • Receivables reduced $9.3 million versus Jun-24, due to: (A$m) Jun-25 Jun-24 Change o Large claim on project work outstanding at Jun-24, received in Jul-24; and Trade and other receivables 59.2 68.5 (9.3) o Imp
Slide 17: FY25 Cash Flow Statement
FY25 Cash flow STATEMENT CASH CONVERSION FROM IMPROVED OPERATING RESULTS REDUCES DEBT (A$m) FY25 FY24 Change • EBITDA cash conversion of 84% including tax and interest EBITDA 66.1 65.7 0.4 Non-cash items (0.8) (1.4) 0.6 • Reduction in cash flow from operations due to prior period Changes in working
Slide 18: FY26 Outlook
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Slide 19: FY26 Segment Outlook
FY26 SEGMENT OUTLOOK segment-specific considerations for FY26: Construction Materials (CM) Composite Fibre Technologies (CFT) INVESTING & FINANCE • Market growth expected with Olympic • ANZ utility networks to provide increased • Planned step-up in capex anticipated in FY26 Infrastructure requiremen
Slide 20: 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 21: 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 22: Appendix
Appendix
Slide 23: 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 24: 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 25: 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 26: 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 27: Key risks
Key risks
Slide 28: Key risks
Key risks ▪ Wagners operates, and will continue to operate, through a series of contractual relationships with customers and suppliers. All contracts, including those entered into by the Company, carry a risk that the respective parties will not adequately or fully comply with their respective contr
Slide 29: Key risks
Key risks ▪ The Company’s overall operations may be adversely affected by various factors, including but not limited to failure to sell its products, failure to achieve production, mechanical failure or plant breakdown, unanticipated manufacturing problems, infrastructure availability and unexpected
Slide 30: Key risks
Key risks ▪ The industry in which Wagners operates is intensely competitive. A number of companies, both in Australia and abroad, may be pursuing the development of products and services that target the same markets that Wagners is targeting. ▪ The Company’s products may compete with existing produc
Slide 31: Key risks
Key risks Wagners may be ▪ Wagners may be adversely impacted by industrial relations issues in connection with its employees or the employees of its customers, contractors and suppliers due adversely impacted to strikes, work stoppages, work slowdowns, grievances, complaints, claims of unfair practi
Slide 32: 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 33: Thank you
Thank you Contact: Karen brown Company secretary +61 410 606 639
Wagners Holding — Investor Presentation (September 2025) on 6ix