Wagners Holding Co. Ltd. · ASX:WGN
Wagners — FY2025 Earnings Presentation
24 slides from Wagners's earnings presentation, Aug 26, 2025
Slide 1: Wagners FY2025 Results – Investor Presentation
• CONSTRUCTION MATERIALS • PROJECT SERVICES • COMPOSITE FIBRE TECHNOLOGIES • EARTH FRIENDLY CONCRETE WAGNERS HOLDING COMPANY LIMITED 26 August 2025 ASX Market Announcements ASX Limited 20 Bridge Street SYDNEY NSW 2000 Wagners FY2025 Results – Investor Presentation Please find attached the Investor P
Slide 2: Wagners FY25 Results Presentation
WAGNERS FY25 RESULTS PRESENTATION 26 AUGUST 2025
Slide 3: Contents
CONTENTS FY25 RESULTS STRATEGY UPDATE SUMMARY & OUTLOOK APPENDIX
Slide 4: FY25 Group Highlights
FY25 GROUP highlights Group Revenue ENHANCED PROFITABILITY & OPERATING LEVERAGE $431.3 million • Pleasing performance, delivering revenue of $431.3 million, driven by: -10% vs FY24 o Strong core Construction Materials (CM) business, with revenue +19% to $257.0 million (FY24: $215.9 million) Gross Pr
Slide 5: Highlights & Performance
FY25 HIGHLIGHTS & PERFORMANCE
Slide 6: FY25 Performance
FY25 performance • Improvements in both pricing and volume delivered increased IMPROVED PRICING & VOLUMES DRIVE MARGIN EXPANSION CM and CFT revenue, PS revenue decreased following completion of large precast tunnel project in Q3 FY24 ($m) FY25 FY24 Change • Improved market conditions, together with
Slide 7: 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 8: 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 9: 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 10: 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 11: 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 12: 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 13: 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 14: FY26 Outlook
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Slide 15: 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 16: 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 17: 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 18: Appendix
Appendix
Slide 19: 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 20: 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 21: 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 22: 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 23: 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 24: Thank you
Thank you Contact: Karen brown Company secretary +61 (0) 7 3621 1131 SAM WELLS (nwr communications) SAM@NWRCOMMUNICATIONS.COM.AU +61 (0) 427 630 152