Homegrown success story Wagners Holding Company is growing from strength to strength, posting a bumper six-month profit of $21 million.
Established in 1989 in Toowoomba, Wagners is now an Australian Stock Exchange-listed business operating internationally.
The Wellcamp-headquartered company is e a producer of cement, concrete, aggregates, new generation composite products and is a world leader in the development of environmentally friendly heavy construction materials.
Wagners also provides transport services, precast concrete and reinforcing steel.
Locally, the company is developing and managing the construction of Boeing’s Wellcamp facility, which s Boeing’s first assembly facility outside of North America.
In a statement to the Australian Stock Exchange, Wagners said it had recorded a jump in revenue to $251.7 million, driven by strong demand for construction materials and composite fibre technology.
Wagner’s Managing Director, Cameron Coleman, said the results were very pleasing.
“The Group has continued its strong performance into (the first half of 2026), delivering improved top line and earnings performance.
We’ve achieved an increase in both our cement and concrete plant volumes as a result of the expansion of our concrete plant network, which continues to deliver value, group-wide, through our strategy of vertical integration.
“We have another three plants under various stages of development, which will all provide a positive contribution in time, across the Construction Materials segment.
“The increase in demand for our composite power poles has been significant during the period. We are building plant capacity, both in Australia and the US, to service the increase in demand we are expecting in the short to medium term.”
Wagners is now forecasting that its full-year profit is expected to be between $62 million and $66 million.