Australia's Wagners Holding set for best day in 4 years on earnings beat
24/07/2024 02:05
** Shares of Wagners Holding WGN.AX rise 27.4% to A$0.93,
set for their best day since April 27, 2020 - if current gains
hold
** Construction materials producer says FY24 operating
earnings before interest and taxes (EBIT) stood at A$40 mln
($26.43 mln), above its guidance range of A$31 mln-A$34 mln
** About 276,000 shares change hands, compared with the
30-day average volume of 92,508
** Stock down 27% YTD, as of last close
($1 = 1.5133 Australian dollars)
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))
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