Full Year 2020 Wagners Holding Company Ltd Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Wagners full year results briefing. (Operator Instructions) Please be advised that today's conference is being recorded.
I'd now like to hand the conference over to your speaker today, CEO, Mr. Cameron Coleman. Thank you. Please go ahead.
Good morning, ladies and gentlemen, and welcome to the Wagners FY '20 Full Year Results Presentation. I'm joined me today by Fergus Hume, our CFO; our Chairman, Denis Wagner; and Michael Kemp, the GM of our New Generation Building Materials business.
FY '20 has delivered disappointing results and will walk you through the contributing factors throughout this presentation. Fergus will go into the financial results in more detail later in the presentation. However, in summary, overall sales for the year were up on the previous year at $252 million. However, with the majority of this sales growth coming from sectors operating in lower-margin work environments, the pro forma EBIT result of
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