Brief: Wagners Holding Company Ltd Sees H1 EBIT Result Of A$4.1 Million
06/02/2023 07:32
Feb 6 (Reuters) - Wagners Holding Company Ltd WGN.AX :
* SEES H1 EBIT RESULT OF A$4.1MILLION
* FULL YEAR EBIT EXPECTED TO BE IN RANGE OF A$14 MILLION TO
A$16
MILLION
* H1 FY23 REVENUE AT A$218MLN
* REMAINS CONFIDENT THAT SECOND HALF OF FY23 WILL DELIVER
IMPROVEMENT ON FIRST HALF'S RESULT
* IMPROVED MARGINS EXPECTED IN H2 WITH INCREASES IN SELLING
PRICES, COST REDUCTION
* FOR FY23 ACTIVITY IN CONSTRUCTION INDUSTRY IS EXPECTED TO
REMAIN
HIGH
* FOR FY23 WE REMAIN POSITIVE ABOUT OUTLOOK FOR GROUP
Source text for Eikon: ID:nASX4V637w
Further company coverage: WGN.AX
((Reuters.Briefs@thomsonreuters.com;))
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