Wagners Holding forecasts FY27 EBIT of $72–$76M
By Liezl GambeKey points
- Wagners Holding issued full-year FY27 EBIT guidance of $72-$76 million and first-half guidance of $40-$42 million.
- Following the trading update at the company's annual general meeting, Wagners shares traded down 3.11% at $4.84.
- Management attributed the earnings forecast to ongoing construction demand in South-East Queensland and strong composite product orders across Australia and New Zealand.
Wagners Holding Company (ASX:WGN) has forecast full-year FY27 earnings before interest and tax of $72–76 million.
The projected range represents an increase of approximately 7% to 13% over the $67.2 million operating EBIT Wagners delivered in FY26.
“Looking forward, our outlook remains positive with strong demand across our key markets and a pipeline that will provide significant opportunities for the group,” said Wagners Managing Director Cameron Coleman.
Wagners expects first-half FY27 EBIT to land between $40 million and $42 million, supported by a new Letter of Intent to supply materials for the JGC-Hyundai Joint Venture PNG LNG Project in Papua New Guinea.
Management stated that the company will continue investing in capacity and operational efficiencies to pursue long-term growth across its key markets.
Following the announcement, the Wagners share price was down at $4.84.
Based in Queensland, Wagners operates across three main divisions: Construction Materials, Project Services, and Composite Fibre Technologies.
In FY26, the company grew annual revenue by 17% to $503.9 million while cutting net debt from $34 million down to $0.8 million.
